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County8th of 14 in Massachusetts by approvalsFIPS 25001
SBA loans in Barnstable County, Massachusetts
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Barnstable County, Massachusetts, received 515 SBA loan approvals worth $164M in FY2021 to FY2025 (403 7(a), 112 504).
That is 57.5 approvals per 1,000 business establishments (8,957 establishments in 2023), above the Massachusetts figure of 48.8 and above the national 41.0.
It ranks 8th of 14 Massachusetts counties with approvals. In FY2025 there were 131, up 17% on FY2024.
50 lenders had approvals here; the most active were Eastern Bank (107), TD Bank, National Association (77) and The Cape Cod Five Cents Savings Bank (72). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Barnstable County
By number of approvals to businesses in the county, FY2021–FY2025; 50 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Eastern BankBoston, MA | 107 | $16.4M | 20.8% | |
| 2 | TD Bank, National AssociationWilmington, DE | 77 | $6.9M | 15.0% | |
| 3 | The Cape Cod Five Cents Savings BankHyannis, MA | 72 | $7.8M | 14.0% | |
| 4 | Cape & Islands Community Development, Inc.Centerville, MA · CDC | 49 | $33.4M | 9.5% | |
| 5 | Bay Colony Development CorporationWaltham, MA · CDC | 29 | $12.0M | 5.6% | |
| 6 | Rockland Trust CompanyRockland, MA | 22 | $6.9M | 4.3% | |
| 7 | Cape and Coast BankHyannis, MA | 17 | $7.9M | 3.3% | |
| 8 | Granite State Economic Development CorporationPortsmouth, NH · CDC | 14 | $9.3M | 2.7% | |
| 9 | Northeast BankLewiston, ME | 14 | $1.3M | 2.7% | |
| 10 | South Eastern Economic Development CorporationTaunton, MA · CDC | 12 | $8.1M | 2.3% | |
| 11 | New England Certified Development CorporationWakefield, MA · CDC | 7 | $6.5M | 1.4% | |
| 12 | Santander Bank, National AssociationWilmington, DE | 7 | $380K | 1.4% | |
| 13 | Webster Bank National AssociationWaterbury, CT | 6 | $3.9M | 1.2% | |
| 14 | Cambridge Savings BankCambridge, MA | 6 | $3.3M | 1.2% | |
| 15 | Cape & Islands Community Development, Inc.Centerville, MA | 6 | $1.1M | 1.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 78 | 15.1% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 54 | 10.5% | |
| 3 | Residential Building ConstructionNAICS 2361 | 34 | 6.6% | |
| 4 | Building Finishing ContractorsNAICS 2383 | 24 | 4.7% | |
| 5 | Traveler AccommodationNAICS 7211 | 23 | 4.5% | |
| 6 | Other Specialty Trade ContractorsNAICS 2389 | 18 | 3.5% | |
| 7 | Building Equipment ContractorsNAICS 2382 | 18 | 3.5% | |
| 8 | Automotive Repair and MaintenanceNAICS 8111 | 15 | 2.9% | |
| 9 | Grocery StoresNAICS 4451 | 12 | 2.3% | |
| 10 | Architectural, Engineering, and Related ServicesNAICS 5413 | 10 | 1.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 111 | 21.6% | |
| 2 | Construction | 105 | 20.4% | |
| 3 | Administrative and Support and Waste Management and Remediation Services | 63 | 12.2% | |
| 4 | Retail Trade | 56 | 10.9% | |
| 5 | Professional, Scientific, and Technical Services | 47 | 9.1% | |
| 6 | Other Services (except Public Administration) | 34 | 6.6% | |
| 7 | Health Care and Social Assistance | 26 | 5.0% | |
| 8 | Manufacturing | 14 | 2.7% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 74 | $21.3M | $75K | 13 | $14.9M | 87 | 761 |
| FY2025 | 112 | $27.2M | $50K | 19 | $12.9M | 131 | 1,082 |
| FY2024 | 99 | $18.8M | $84K | 13 | $11.8M | 112 | 958 |
| FY2023 | 76 | $16.3M | $74K | 18 | $12.1M | 94 | 867 |
| FY2022 | 57 | $13.2M | $75K | 31 | $18.9M | 88 | 721 |
| FY2021 | 59 | $18.9M | $100K | 31 | $14.1M | 90 | 575 |
| FY2020 | 73 | $19.2M | $51K | 25 | $11.5M | 98 | 690 |
| FY2019 | 91 | $15.0M | $65K | 27 | $13.8M | 118 | 763 |
| FY2018 | 119 | $19.5M | $60K | 29 | $24.2M | 148 | 1,227 |
| FY2017 | 118 | $12.8M | $50K | 33 | $17.3M | 151 | 882 |
| FY2016 | 125 | $19.8M | $50K | 28 | $15.3M | 153 | 760 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 668 approvals.
Against Massachusetts and the country
| FY2021–FY2025 | Barnstable County | Massachusetts | United States |
|---|---|---|---|
| Approvals | 515 | 8,965 | 342,825 |
| Approvals per 1,000 establishments | 57.5 | 48.8 | 41.0 |
| Median 7(a) approval | $75K | $100K | $190K |
| Median 504 approval | $471K | $455K | $657K |
| Average approval | $319K | $374K | $573K |
| 504 share of approvals | 21.7% | 15.0% | 11.0% |
| Jobs supported per approval, as reported | 8.2 | 9.1 | 10.5 |
| Share of state approvals | 5.7% | 100.0% | — |
Approval sizes
- $50,000 or less35.3%182
- $50,001 to $150,00022.3%115
- $150,001 to $350,00017.5%90
- $350,001 to $1 million17.1%88
- $1 million to $2 million6.0%31
- Over $2 million1.7%9
Age of the businesses
- Existing, more than 2 years old65.8%339
- New business, 2 years or less15.9%82
- Startup, loan funds will open the business8.5%44
- Change of ownership9.7%50
Questions and answers
Which lenders make the most SBA loans in Barnstable County?
By approvals in FY2021 to FY2025: Eastern Bank (107), TD Bank, National Association (77), The Cape Cod Five Cents Savings Bank (72), Cape & Islands Community Development, Inc. (49), Bay Colony Development Corporation (29). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Barnstable County?
The median 7(a) approval was $75K and the median 504 approval $471K; the Massachusetts 7(a) median was $100K.
Which industries get the most SBA loans in Barnstable County?
Restaurants and Other Eating Places (78); Services to Buildings and Dwellings (54); Residential Building Construction (34); Building Finishing Contractors (24); Traveler Accommodation (23).
Is SBA lending in Barnstable County rising?
Approvals in the three latest complete fiscal years total 337, against 276 in the three before: rising (+22%).
How does Barnstable County compare with the rest of Massachusetts?
57.5 approvals per 1,000 establishments against 48.8 statewide, and 515 of the state's 8,965 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error