SBA Loans for Data Processing in Massachusetts: Top Lenders
NAICS 518NAICS 518 covers data processing, hosting, and related services businesses in Massachusetts. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Massachusetts
Median Loan Size
$170,000
per approval
Recent Activity
0
last 90 days through May 2025
NAICS 518 covers data processing, hosting, and related services businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $170,000.
Key trends & insights
- Data Processing in Massachusetts lending is concentrated — South Shore Bank, Newburyport Five Cents Savings Bank, Northeast Bank together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- South Shore Bank leads this industry with 1 approvals (20% market share) and a median loan of $170,000.
- Data Processing in Massachusetts loans skew smaller than the SBA average at $170,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Data Processing in Massachusetts
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $170,000 | |
| 2 | 1 | $210,400 | |
| 3 | 1 | $98,800 | |
| 4 | 1 | $42,000 | |
| 5 | 1 | $250,000 |
Recent SBA 7(a) approvals for Data Processing in Massachusetts
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-05 | South Shore Bank | App*****nc. | BRAINTREE, MA | $170,000 |
| 2025-02 | Northeast Bank | AI****LLC | Brewster, MA | $98,800 |
| 2024-07 | Northeast Bank | Wic*****LLC | Marblehead, MA | $250,000 |
| 2023-08 | Bank of America, National Association | Not*****LLC | MEDFORD, MA | $250,000 |
| 2023-03 | Newburyport Five Cents Savings Bank | Dat*****nc. | BOSTON, MA | $210,400 |
| 2021-08 | TD Bank, National Association | MCD*****INC | BREWSTER, MA | $42,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Save your lender shortlist & build your packet
Answer 2 more questions to refine your ranking and export a lender-ready packet.
Save & export my packet