SBA Loans for Boat Dealers in Massachusetts: Top Lenders
NAICS 441NAICS 441 covers boat dealers businesses in Massachusetts. Based on historical SBA 7(a) lending data.
Total Approvals
10
in Massachusetts
Median Loan Size
$175,000
per approval
Recent Activity
0
last 90 days through Apr 2025
NAICS 441 covers boat dealers businesses. This is a smaller category in SBA 7(a) lending with 10 approvals on record and a median loan size of $175,000.
Key trends & insights
- Boat Dealers in Massachusetts loans skew smaller than the SBA average at $175,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2025-04-03 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Boat Dealers in Massachusetts
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $100,000 | |
| 2 | 1 | $200,000 | |
| 3 | 1 | $150,000 | |
| 4 | 1 | $200,000 | |
| 5 | 1 | $10,000 | |
| 6 | 1 | $1,800,000 | |
| 7 | 1 | $500,000 | |
| 8 | 1 | $30,000 | |
| 9 | 1 | $150,000 | |
| 10 | 1 | $395,300 |
Recent SBA 7(a) approvals for Boat Dealers in Massachusetts
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-07 | Northeast Bank | AUT*****LLC | SWANSEA, MA | $350,000 |
| 2025-04 | Webster Bank National Association | IMO*****LLC | WALPOLE, MA | $500,000 |
| 2025-04 | Salem Five Cents Savings Bank | Pre*****LLC | LEOMINSTER, MA | $100,000 |
| 2025-02 | Manufacturers and Traders Trust Company | Fra*****rez | LAWRENCE, MA | $10,000 |
| 2025-02 | Homefield Credit Union | Mac*****LLC | NORTH GRAFTON, MA | $200,000 |
| 2024-09 | Port 51 Lending LLC | Dri*****LLC | Weymouth, MA | $1,400,000 |
| 2024-07 | Bank Five Nine | Eco*****nc. | TEWKSBURY, MA | $350,000 |
| 2024-07 | BayFirst National Bank | G S*****INC | SEEKONK, MA | $150,000 |
| 2024-07 | Eastern Bank | KRA*****LLC | MEDFORD, MA | $50,000 |
| 2024-06 | Manufacturers and Traders Trust Company | NIC*****.C. | SPRINGFIELD, MA | $20,000 |
| 2024-06 | Cadence Bank | JOH*****INC | SOMERVILLE, MA | $350,000 |
| 2024-04 | Manufacturers and Traders Trust Company | NIC*****.C. | SPRINGFIELD, MA | $20,000 |
| 2024-02 | Brookline Bank, a Division of Beacon Bank and Trust | PR *****Inc | HARVARD, MA | $185,000 |
| 2023-09 | North Shore Bank, a Co-operative Bank | NAR*****LLC | PEABODY, MA | $350,000 |
| 2023-08 | BayFirst National Bank | CES*****ION | MELROSE, MA | $150,000 |
| 2023-07 | Bank of America, National Association | Lib*****rts | NEW BEDFORD, MA | $395,300 |
| 2023-05 | Northeast Bank | Mag*****bal | HOLYOKE, MA | $25,000 |
| 2023-04 | TD Bank, National Association | Kin*****LLC | GREENFIELD, MA | $286,200 |
| 2023-03 | Salem Five Cents Savings Bank | Smi*****LLC | HINGHAM, MA | $200,000 |
| 2022-08 | Bluestone Bank | MO***LLC | Weymouth, MA | $2,700,000 |
| 2022-05 | Bristol County Savings Bank | SLI*****NC. | RAYNHAM, MA | $200,000 |
| 2022-04 | The Cape Cod Five Cents Savings Bank | Wel*****Inc | NANTUCKET, MA | $400,000 |
| 2022-04 | Webster Five Cents Savings Bank | ARP*****Inc | AUBURN, MA | $250,000 |
| 2022-03 | TD Bank, National Association | CCD*****nc. | GLOUCESTER, MA | $500,000 |
| 2022-03 | Ameris Bank | Z F*****Inc | LAWRENCE, MA | $1,800,000 |
| 2022-03 | Avidia Bank | CI *****nc. | South Yarmouth, MA | $500,000 |
| 2022-02 | Bristol County Savings Bank | DB *****nc. | ASSONET, MA | $30,000 |
| 2021-11 | KeyBank National Association | Car*****LLC | Holyoke, MA | $25,000 |
| 2021-10 | Eastern Bank | Spe*****Inc | Marion, MA | $100,000 |
| 2021-09 | Cathay Bank | Cac*****LLC | SOUTHBOROUGH, MA | $1,317,000 |
| 2021-08 | Eastern Bank | SOU*****LLC | READING, MA | $25,000 |
| 2021-07 | Webster Bank National Association | CM *****LLC | FAIRHAVEN, MA | $125,000 |
| 2021-07 | Webster Bank National Association | CM *****LLC | FAIRHAVEN, MA | $406,000 |
| 2021-06 | Eastern Bank | INT*****LLC | ROCKLAND, MA | $450,000 |
| 2021-05 | Webster Bank National Association | CM *****LLC | FAIRHAVEN, MA | $406,000 |
| 2021-05 | Webster Bank National Association | CM *****LLC | FAIRHAVEN, MA | $125,000 |
| 2020-11 | Adams Community Bank | Lug*****LLC | NORTH ADAMS, MA | $30,000 |
| 2020-10 | Mechanics Cooperative Bank | Ges*****Inc | TAUNTON, MA | $150,000 |
| 2020-09 | Celtic Bank Corporation | Bul*****nc. | HOPKINTON, MA | $1,000,000 |
| 2020-04 | Eastern Bank | KRA*****LLC | MEDFORD, MA | $25,000 |
| 2020-04 | Eastern Bank | VEH*****INC | HYANNIS, MA | $25,000 |
| 2020-03 | St. Mary's CU | Raf*****LLC | MILLBURY, MA | $50,000 |
| 2019-11 | Eastern Bank | AMA*****INC | DORCHESTER, MA | $99,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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