SBA Loans for Fuel Dealers in Massachusetts: Top Lenders
NAICS 454NAICS 454 covers fuel dealers businesses in Massachusetts. Based on historical SBA 7(a) lending data.
Total Approvals
38
in Massachusetts
Median Loan Size
$29,250
per approval
Recent Activity
0
last 90 days through Aug 2022
NAICS 454 covers fuel dealers businesses. This is a smaller category in SBA 7(a) lending with 38 approvals on record and a median loan size of $29,250.
Key trends & insights
- Fuel Dealers in Massachusetts lending is concentrated — Leader Bank, National Association, First Internet Bank OF India, National Association, Eastern Bank together account for 89% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Leader Bank, National Association leads this industry with 30 approvals (79% market share) and a median loan of $18,000.
- Fuel Dealers in Massachusetts loans skew smaller than the SBA average at $29,250 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 2022-08-19 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Fuel Dealers in Massachusetts
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 30 | $18,000 | |
| 2 | 2 | $1,153,500 | |
| 3 | 2 | $50,000 | |
| 4 | 1 | $150,000 | |
| 5 | 1 | $100,000 | |
| 6 | 1 | $50,000 | |
| 7 | 1 | $150,000 |
Recent SBA 7(a) approvals for Fuel Dealers in Massachusetts
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-08 | Bluestone Bank | Fre*****LLC | RAYNHAM, MA | $50,000 |
| 2022-06 | BayFirst National Bank | INF*****LLC | AMHERST, MA | $150,000 |
| 2021-08 | Eastern Bank | THO*****LLC | NORWELL, MA | $50,000 |
| 2021-06 | First Internet Bank of Indiana | Min*****Inc | HAMPDEN, MA | $200,000 |
| 2021-06 | First Internet Bank of Indiana | Min*****Inc | HAMPDEN, MA | $2,107,000 |
| 2021-05 | Eastern Bank | THO*****LLC | NORWELL, MA | $50,000 |
| 2021-02 | South Eastern Economic Development Corporation | Hyd*****nc. | Seekonk, MA | $150,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $15,700 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $76,500 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $54,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $4,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $40,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $22,500 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $15,700 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $13,500 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $15,700 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $18,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $40,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $12,100 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $40,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $18,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $13,500 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $18,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $100,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $18,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $14,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $22,500 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $13,500 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $112,500 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $15,700 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $36,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $13,500 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $40,500 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $165,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $15,700 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $140,000 |
| 2020-11 | Leader Bank, National Association | Arl*****rp. | Arlington, MA | $13,500 |
| 2020-05 | TD Bank, National Association | LUX*****LLC | Brighton, MA | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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