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County5th of 14 in Massachusetts by approvalsFIPS 25023
SBA loans in Plymouth 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 Plymouth County, Massachusetts, received 779 SBA loan approvals worth $314M in FY2021 to FY2025 (640 7(a), 139 504).
That is 58.0 approvals per 1,000 business establishments (13,421 establishments in 2023), above the Massachusetts figure of 48.8 and above the national 41.0.
It ranks 5th of 14 Massachusetts counties with approvals. In FY2025 there were 208, up 25% on FY2024.
72 lenders had approvals here; the most active were Eastern Bank (212), Rockland Trust Company (86) and Granite State Economic Development Corporation (52). 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 Plymouth County
By number of approvals to businesses in the county, FY2021–FY2025; 72 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Eastern BankBoston, MA | 212 | $27.5M | 27.2% | |
| 2 | Rockland Trust CompanyRockland, MA | 86 | $23.1M | 11.0% | |
| 3 | Granite State Economic Development CorporationPortsmouth, NH · CDC | 52 | $39.4M | 6.7% | |
| 4 | TD Bank, National AssociationWilmington, DE | 35 | $11.1M | 4.5% | |
| 5 | New England Certified Development CorporationWakefield, MA · CDC | 30 | $19.6M | 3.9% | |
| 6 | Bay Colony Development CorporationWaltham, MA · CDC | 29 | $18.2M | 3.7% | |
| 7 | Webster Bank National AssociationWaterbury, CT | 23 | $10.2M | 3.0% | |
| 8 | South Eastern Economic Development CorporationTaunton, MA · CDC | 22 | $15.2M | 2.8% | |
| 9 | Live Oak Banking CompanyWilmington, NC | 21 | $34.4M | 2.7% | |
| 10 | Northeast BankLewiston, ME | 18 | $2.1M | 2.3% | |
| 11 | The Huntington National BankColumbus, OH | 16 | $6.3M | 2.1% | |
| 12 | Santander Bank, National AssociationWilmington, DE | 15 | $953K | 1.9% | |
| 13 | Coastal Heritage BankWeymouth, MA | 12 | $3.3M | 1.5% | |
| 14 | BayFirst National BankSaint Petersburg, FL | 12 | $2.4M | 1.5% | |
| 15 | Readycap Lending, LLCBerkeley Heights, NJ | 11 | $5.5M | 1.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 79 | 10.1% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 43 | 5.5% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 39 | 5.0% | |
| 4 | Building Finishing ContractorsNAICS 2383 | 30 | 3.9% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 29 | 3.7% | |
| 6 | Residential Building ConstructionNAICS 2361 | 27 | 3.5% | |
| 7 | Other Specialty Trade ContractorsNAICS 2389 | 26 | 3.3% | |
| 8 | Offices of Other Health PractitionersNAICS 6213 | 26 | 3.3% | |
| 9 | Personal Care ServicesNAICS 8121 | 24 | 3.1% | |
| 10 | Other Amusement and Recreation IndustriesNAICS 7139 | 21 | 2.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 145 | 18.6% | |
| 2 | Accommodation and Food Services | 86 | 11.0% | |
| 3 | Other Services (except Public Administration) | 82 | 10.5% | |
| 4 | Retail Trade | 80 | 10.3% | |
| 5 | Health Care and Social Assistance | 75 | 9.6% | |
| 6 | Professional, Scientific, and Technical Services | 71 | 9.1% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 60 | 7.7% | |
| 8 | Manufacturing | 43 | 5.5% |
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* | 71 | $31.8M | $200K | 15 | $15.1M | 86 | 1,181 |
| FY2025 | 172 | $61.7M | $100K | 36 | $27.2M | 208 | 1,880 |
| FY2024 | 147 | $37.3M | $100K | 19 | $15.4M | 166 | 1,535 |
| FY2023 | 108 | $40.9M | $100K | 25 | $23.1M | 133 | 1,417 |
| FY2022 | 116 | $25.1M | $75K | 28 | $18.1M | 144 | 1,054 |
| FY2021 | 97 | $47.2M | $176K | 31 | $17.9M | 128 | 1,133 |
| FY2020 | 124 | $22.8M | $50K | 28 | $18.7M | 152 | 1,393 |
| FY2019 | 127 | $24.8M | $100K | 30 | $18.0M | 157 | 912 |
| FY2018 | 210 | $26.5M | $50K | 32 | $20.3M | 242 | 1,669 |
| FY2017 | 248 | $24.5M | $50K | 33 | $17.6M | 281 | 1,438 |
| FY2016 | 280 | $42.7M | $50K | 28 | $14.7M | 308 | 1,782 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 1,140 approvals.
Against Massachusetts and the country
| FY2021–FY2025 | Plymouth County | Massachusetts | United States |
|---|---|---|---|
| Approvals | 779 | 8,965 | 342,825 |
| Approvals per 1,000 establishments | 58.0 | 48.8 | 41.0 |
| Median 7(a) approval | $100K | $100K | $190K |
| Median 504 approval | $436K | $455K | $657K |
| Average approval | $403K | $374K | $573K |
| 504 share of approvals | 17.8% | 15.0% | 11.0% |
| Jobs supported per approval, as reported | 9.0 | 9.1 | 10.5 |
| Share of state approvals | 8.7% | 100.0% | — |
Approval sizes
- $50,000 or less26.1%203
- $50,001 to $150,00026.1%203
- $150,001 to $350,00019.0%148
- $350,001 to $1 million18.6%145
- $1 million to $2 million6.4%50
- Over $2 million3.9%30
Age of the businesses
- Existing, more than 2 years old66.4%517
- New business, 2 years or less13.9%108
- Startup, loan funds will open the business11.8%92
- Change of ownership8.0%62
Questions and answers
Which lenders make the most SBA loans in Plymouth County?
By approvals in FY2021 to FY2025: Eastern Bank (212), Rockland Trust Company (86), Granite State Economic Development Corporation (52), TD Bank, National Association (35), New England Certified Development Corporation (30). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Plymouth County?
The median 7(a) approval was $100K and the median 504 approval $436K; the Massachusetts 7(a) median was $100K.
Which industries get the most SBA loans in Plymouth County?
Restaurants and Other Eating Places (79); Services to Buildings and Dwellings (43); Building Equipment Contractors (39); Building Finishing Contractors (30); Automotive Repair and Maintenance (29).
Is SBA lending in Plymouth County rising?
Approvals in the three latest complete fiscal years total 507, against 424 in the three before: rising (+20%).
How does Plymouth County compare with the rest of Massachusetts?
58.0 approvals per 1,000 establishments against 48.8 statewide, and 779 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