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SBA Loans in Springfield, MA

Explore recent SBA 7(a) and 504 lending activity in Springfield. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

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Total SBA loans
770
all programs
Approved $
$143.0M
last 24 months
Avg loan
$186K
median $245K
Active lenders
65
approved here
Jobs supported
6,215
cumulative

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SPRINGFIELD · 770 LOANS

Top lenders in Springfield

TD Bank, National Association
127
Bank of America, National Association
99
Manufacturers and Traders Trust Company
88
Beacon Bank and Trust
69
People's United Bank, National Association
61
Citizens Bank, National Association
56

Top industries in Springfield

Full-Service Restaurants
39
General Automotive Repair
20
Offices of Lawyers
19
Convenience Stores
16
Gasoline Stations with Convenience Stores
14
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Loan records · Springfield, MA
Showing largest 500 of 770 records
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66 DKR, LLC
Springfield, MA
$2,498,000
504
Granite State Economic Development Corporation$250K/job · 2013-03-01
BKaye Self Storage
Springfield, MA
$2,324,000
504
New England Certified Development Corporation$775K/job · 2022-01-13
THIN METAL VENTURES INC.
Springfield, MA
$2,307,900
7(a)
Citizens Bank, National Association$58K/job · 2021-04-09
Catuogno Court Reporting and Sten-Tel Transcription, Inc.
Springfield, MA
$2,257,000
7(a)
The Huntington National Bank$24K/job · 2017-06-28
A BETTER LIFE HOMECARE LLC
Springfield, MA
$2,250,000
7(a)
Beacon Bank and Trust$12K/job · 2021-07-13
A BETTER LIFE HOMECARE LLC
Springfield, MA
$2,210,000
7(a)
Live Oak Banking Company2021-09-24
Springfield Pie Inc.
Springfield, MA
$2,133,000
7(a)
Banc of California$43K/job · 2020-12-09
T5 MA OPERATING INC
Springfield, MA
$1,970,000
7(a)
Live Oak Banking Company$197K/job · 2024-04-16
NORTHERN SUNSHINE LLC
Springfield, MA
$1,851,000
504
Bay Colony Development Corporation2019-06-03
TriSeptagon LLC
Springfield, MA
$1,700,000
7(a)
Avidia Bank$68K/job · 2019-09-20
GC Springfield, LLC
Springfield, MA
$1,646,000
504
Granite State Economic Development Corporation$165K/job · 2011-02-14
ELWELL IRON WORKS, INC.
Springfield, MA
$1,600,000
7(a)
Northeast Bank1996-06-12
JEdward Staffing LLC
Springfield, MA
$1,500,000
7(a)
Newtek Bank, National Association$5K/job · 2024-12-23
Canopy Management Group, Inc.
Springfield, MA
$1,467,000
7(a)
Beacon Bank and Trust$70K/job · 2025-08-22
Court Square Group, Inc.
Springfield, MA
$1,375,000
7(a)
Freedom CU$33K/job · 2012-08-03
United We Care LLC
Springfield, MA
$1,324,900
7(a)
First Bank of the Lake$66K/job · 2023-12-15
Court Square Group, Inc.
Springfield, MA
$1,300,000
7(a)
Freedom CU$31K/job · 2012-08-03
Children's House Learning Inc.
Springfield, MA
$1,285,000
7(a)
Newtek Small Business Finance, Inc.2016-10-19
JK Wave Inc
Springfield, MA
$1,230,000
7(a)
New Millennium Bank$615K/job · 2021-08-12
Robins Eyecare, LLC
Springfield, MA
$1,190,000
7(a)
United Community Bank$595K/job · 2016-08-30
Poly-Metal Finishing, Inc.
Springfield, MA
$1,145,000
504
Granite State Economic Development Corporation$27K/job · 2026-03-17
Market Mentors LLC
Springfield, MA
$1,016,000
504
Granite State Economic Development Corporation$203K/job · 2018-05-24
Unique Design Automotive Group Inc.
Springfield, MA
$1,005,000
7(a)
Wilmington Savings Fund Society FSB$335K/job · 2026-01-28
BOULEVARD MACHINE & GEAR, INC.
Springfield, MA
$1,001,000
7(a)
KeyBank National Association2006-11-01
ROY'S TOWING, INC. AND GEORGE
Springfield, MA
$1,000,000
7(a)
Northeast Bank1997-03-27
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