SBA Loans for Electronics Stores in Massachusetts: Top Lenders
NAICS 443NAICS 443 covers electronics stores businesses in Massachusetts. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Massachusetts
Median Loan Size
$95,000
per approval
Recent Activity
0
last 90 days through Aug 2023
NAICS 443 covers electronics stores businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $95,000.
Key trends & insights
- Electronics Stores in Massachusetts lending is concentrated — TD Bank, National Association, Bayfirst National Bank, Bank OF America, National Association together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- TD Bank, National Association leads this industry with 2 approvals (50% market share) and a median loan of $32,500.
- Electronics Stores in Massachusetts loans skew smaller than the SBA average at $95,000 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 2023-08-15 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Electronics Stores in Massachusetts
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $32,500 | |
| 2 | 1 | $150,000 | |
| 3 | 1 | $637,500 |
Recent SBA 7(a) approvals for Electronics Stores in Massachusetts
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-08 | TD Bank, National Association | Tec*****ers | ATHOL, MA | $40,000 |
| 2022-12 | Bank of America, National Association | W.T*****nc. | HADLEY, MA | $637,500 |
| 2022-08 | BayFirst National Bank | A C*****LLC | NORTH DARTMOUTH, MA | $150,000 |
| 2019-10 | TD Bank, National Association | VEL*****LES | Agawam, MA | $25,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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