SBA Loans for NAICS 335 in Massachusetts: Top Lenders
NAICS 335NAICS 335 covers all other miscellaneous electrical equipment and component manufacturi businesses in Massachusetts. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Massachusetts
Median Loan Size
$750,000
per approval
Recent Activity
0
last 90 days through Aug 2022
NAICS 335 covers all other miscellaneous electrical equipment and component manufacturi businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $750,000.
Key trends & insights
- NAICS 335 in Massachusetts lending is concentrated — Webster Bank, National Association, Rockland Trust Company, Bank OF America, National Association together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Webster Bank, National Association leads this industry with 2 approvals (50% market share) and a median loan of $431,850.
- NAICS 335 in Massachusetts loans run larger than the SBA average — a $750,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2022-08-16 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for NAICS 335 in Massachusetts
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $431,850 | |
| 2 | 1 | $1,000,000 | |
| 3 | 1 | $1,027,000 |
Recent SBA 7(a) approvals for NAICS 335 in Massachusetts
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-08 | Bank of America, National Association | ELE*****INC | METHUEN, MA | $1,027,000 |
| 2021-08 | Rockland Trust Company | Was*****nc. | DRACUT, MA | $1,000,000 |
| 2021-07 | Webster Bank National Association | WIL*****ANY | CHELSEA, MA | $500,000 |
| 2019-12 | TD Bank, National Association | AG***LLC | Blackstone, MA | $20,000 |
| 2019-11 | Webster Bank National Association | A &*****LTD | Lakeville, MA | $363,700 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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