SBA Loans for Securities Brokerage in Massachusetts: Top Lenders
NAICS 523NAICS 523 covers securities brokerage businesses in Massachusetts. Based on historical SBA 7(a) lending data.
Total Approvals
13
in Massachusetts
Median Loan Size
$350,000
per approval
Recent Activity
0
last 90 days through Dec 2024
NAICS 523 covers securities brokerage businesses. This is a smaller category in SBA 7(a) lending with 13 approvals on record and a median loan size of $350,000.
Key trends & insights
- Securities Brokerage in Massachusetts lending is concentrated — TD Bank, National Association, Live OAK Banking Company, Salem Five Cents Savings Bank together account for 69% of all approvals. If you're in this industry, these are your highest-probability lenders.
- TD Bank, National Association leads this industry with 4 approvals (31% market share) and a median loan of $27,500.
- SBA data for this industry goes through 2024-12-13 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Securities Brokerage in Massachusetts
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $27,500 | |
| 2 | 3 | $1,620,000 | |
| 3 | 2 | $130,500 | |
| 4 | 2 | $1,365,000 | |
| 5 | 1 | $200,000 | |
| 6 | 1 | $551,100 |
Recent SBA 7(a) approvals for Securities Brokerage in Massachusetts
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-12 | Manufacturers and Traders Trust Company | LTR*****LLC | WALTHAM, MA | $200,000 |
| 2024-07 | TD Bank, National Association | DC *****LLC | FOXBORO, MA | $500,000 |
| 2023-08 | TD Bank, National Association | Zen*****ent | LONGMEADOW, MA | $20,000 |
| 2023-07 | Liberty Bank | Str*****nc. | WESTFIELD, MA | $551,100 |
| 2023-06 | Salem Five Cents Savings Bank | SEA*****LLC | NEWBURYPORT, MA | $211,000 |
| 2023-04 | Live Oak Banking Company | Dow*****LLC | IPSWICH, MA | $350,000 |
| 2022-12 | Live Oak Banking Company | Kum*****LLC | DOVER, MA | $5,000,000 |
| 2022-08 | TD Bank, National Association | Adg*****ers | DRACUT, MA | $25,000 |
| 2022-03 | TD Bank, National Association | Rac*****mes | WOBURN, MA | $30,000 |
| 2021-08 | Live Oak Banking Company | Oys*****Inc | WINCHESTER, MA | $1,620,000 |
| 2021-03 | Salem Five Cents Savings Bank | Mar*****ual | Woburn, MA | $50,000 |
| 2021-02 | Byline Bank | Mic*****sta | WOBURN, MA | $380,000 |
| 2020-06 | Byline Bank | Sav****LLC | Waltham, MA | $2,350,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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