SBA Loans for Sewing in Massachusetts: Top Lenders
NAICS 451NAICS 451 covers sewing, needlework, and piece goods stores businesses in Massachusetts. Based on historical SBA 7(a) lending data.
Total Approvals
2
in Massachusetts
Median Loan Size
$39,500
per approval
Recent Activity
0
last 90 days through Aug 2023
NAICS 451 covers sewing, needlework, and piece goods stores businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $39,500.
Key trends & insights
- Sewing in Massachusetts loans skew smaller than the SBA average at $39,500 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 2023-08-25 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Sewing in Massachusetts
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $54,000 | |
| 2 | 1 | $25,000 |
Recent SBA 7(a) approvals for Sewing in Massachusetts
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-08 | TD Bank, National Association | Eas*****LLC | SALISBURY, MA | $25,000 |
| 2022-11 | TD Bank, National Association | Bug*****oys | HYANNIS, MA | $50,000 |
| 2021-12 | Newtek Small Business Finance, Inc. | Cha*****arz | WEST NEWBURY, MA | $54,000 |
| 2021-10 | Rollstone Bank & Trust | Tom*****LLC | LEOMINSTER, MA | $75,000 |
| 2021-09 | Lee Bank | ARC*****NC. | LENOX, MA | $260,000 |
| 2021-09 | Lee Bank | ARC*****NC. | LENOX, MA | $240,000 |
| 2021-09 | TD Bank, National Association | Zee*****LLC | HYANNIS, MA | $10,000 |
| 2021-06 | Manufacturers and Traders Trust Company | Dav*****nc. | WESTBOROUGH, MA | $1,200,000 |
| 2020-12 | Leader Bank, National Association | Lan*****nc. | Belmont, MA | $284,000 |
| 2020-09 | Florence Bank | A2Z*****nc. | NORTHAMPTON, MA | $175,000 |
| 2020-05 | Eastern Bank | THE*****INC | ROWLEY, MA | $50,000 |
| 2020-03 | Eastern Bank | HAR*****TD. | SALEM, MA | $25,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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