SBA Loans for Employee Leasing Services in Massachusetts: Top Lenders
NAICS 561NAICS 561 covers employee leasing services businesses in Massachusetts. Based on historical SBA 7(a) lending data.
Total Approvals
126
in Massachusetts
Median Loan Size
$70,000
per approval
Recent Activity
13
last 90 days through Dec 2025
NAICS 561 covers employee leasing services businesses. This is a moderately active sector for SBA 7(a) lending with 126 approvals and a median loan size of $70,000.
Key trends & insights
- Employee Leasing Services in Massachusetts lending is concentrated — Eastern Bank, TD Bank, National Association, St. Mary's CU together account for 56% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Eastern Bank leads this industry with 28 approvals (26% market share) and a median loan of $50,000.
- Employee Leasing Services in Massachusetts loans skew smaller than the SBA average at $70,000 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 Employee Leasing Services in Massachusetts
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 28 | $50,000 | |
| 2 | 21 | $50,000 | |
| 3 | 11 | $50,000 | |
| 4 | 7 | $424,800 | |
| 5 | 5 | $40,000 | |
| 6 | 4 | $150,000 | |
| 7 | 4 | $139,200 | |
| 8 | 4 | $35,000 | |
| 9 | 3 | $232,000 | |
| 10 | 3 | $212,000 | |
| 11 | 3 | $50,000 | |
| 12 | 2 | $172,000 | |
| 13 | 2 | $2,900,000 | |
| 14 | 2 | $216,500 | |
| 15 | 2 | $37,500 | |
| 16 | 2 | $1,412,000 | |
| 17 | 2 | $120,000 | |
| 18 | 1 | $224,000 | |
| 19 | 1 | $405,000 | |
| 20 | 1 | $2,168,000 |
Recent SBA 7(a) approvals for Employee Leasing Services in Massachusetts
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Bank of America, National Association | Bal*****Inc | LUDLOW, MA | $5,000,000 |
| 2025-11 | Eastern Bank | HAR*****ICE | PEMBROKE, MA | $30,000 |
| 2025-11 | The Huntington National Bank | Eve*****LLC | LINCOLN, MA | $2,168,000 |
| 2025-08 | TD Bank, National Association | Eze*****LLC | SPRINGFIELD, MA | $25,000 |
| 2025-08 | North Brookfield Savings Bank | Pre*****LLC | NORTH BROOKFIELD, MA | $36,500 |
| 2025-08 | TD Bank, National Association | Mic*****yes | LUDLOW, MA | $25,000 |
| 2025-08 | Eastern Bank | RED*****LLC | BOSTON, MA | $250,000 |
| 2025-08 | TD Bank, National Association | RJ *****Inc | FRAMINGHAM, MA | $70,000 |
| 2025-08 | Manufacturers and Traders Trust Company | Wal*****LLC | TURNERS FALLS, MA | $30,000 |
| 2025-06 | Eastern Bank | Smi*****nc. | EAST BRIDGEWATER, MA | $250,000 |
| 2025-06 | Eastern Bank | BOC*****LLC | SOUTH WEYMOUTH, MA | $50,000 |
| 2025-06 | Eastern Bank | BOC*****LLC | SOUTH WEYMOUTH, MA | $50,000 |
| 2025-06 | Northeast Bank | Max*****Inc | PAXTON, MA | $142,600 |
| 2025-05 | Eastern Bank | OCE*****LLC | BOSTON, MA | $50,000 |
| 2025-05 | Salem Five Cents Savings Bank | Cha*****nc. | NORTH ANDOVER, MA | $61,000 |
| 2025-03 | Eastern Bank | WIN*****LLC | BOSTON, MA | $23,200 |
| 2025-03 | TD Bank, National Association | Two*****LLC | FALL RIVER, MA | $250,000 |
| 2025-03 | Salem Five Cents Savings Bank | Hun*****LLC | WALPOLE, MA | $500,000 |
| 2025-03 | Magnifi Financial CU | Bel*****ion | Grafton, MA | $194,000 |
| 2025-03 | Magnifi Financial CU | SUT****LLC | Blackstone, MA | $150,000 |
| 2025-03 | The Cape Cod Five Cents Savings Bank | The*****LLC | SOUTH CHATHAM, MA | $50,000 |
| 2025-03 | Salem Five Cents Savings Bank | MCH*****LLC | BEVERLY, MA | $300,000 |
| 2025-03 | Northeast Bank | Cle*****INC | Hampden, MA | $148,500 |
| 2025-03 | St. Mary's CU | Nat*****Inc | FRANKLIN, MA | $50,000 |
| 2025-03 | Northeast Bank | PM *****NC. | EVERETT, MA | $135,800 |
| 2025-02 | Manufacturers and Traders Trust Company | R&I*****INC | WORCESTER, MA | $40,000 |
| 2025-02 | Rockland Trust Company | J N*****LLC | DORCHESTER CENTER, MA | $250,000 |
| 2025-01 | Northeast Bank | Ger*****ley | Abington, MA | $71,000 |
| 2025-01 | St. Mary's CU | Wal*****Inc | HUDSON, MA | $35,100 |
| 2024-12 | Salem Five Cents Savings Bank | Syn*****LLC | WALTHAM, MA | $500,000 |
| 2024-11 | TD Bank, National Association | Nor*****LLC | BEDFORD, MA | $45,000 |
| 2024-11 | Stearns Bank National Association | JEF*****NC. | HINSDALE, MA | $50,000 |
| 2024-11 | BayFirst National Bank | Cle*****Inc | BOSTON, MA | $115,000 |
| 2024-11 | BayFirst National Bank | CLE*****ION | HALIFAX, MA | $150,000 |
| 2024-11 | St. Mary's CU | Pri*****Inc | PRINCETON, MA | $153,700 |
| 2024-10 | Eastern Bank | NEW*****LLC | LYNN, MA | $50,000 |
| 2024-10 | TD Bank, National Association | Fee*****LLC | BROCKTON, MA | $25,000 |
| 2024-08 | Avidia Bank | Tri*****nc. | BERLIN, MA | $621,000 |
| 2024-08 | St. Mary's CU | JD *****ing | HUDSON, MA | $54,000 |
| 2024-08 | Workers FCU | Ent*****ion | BOYLSTON, MA | $300,000 |
| 2024-08 | TD Bank, National Association | GUA*****LLC | LOWELL, MA | $200,000 |
| 2024-08 | TD Bank, National Association | Cut*****Inc | BILLERICA, MA | $180,000 |
| 2024-03 | TD Bank, National Association | SNK*****ILD | WEST BARNSTABLE, MA | $80,000 |
| 2024-03 | TD Bank, National Association | Eli*****nc. | ONSET, MA | $50,000 |
| 2024-03 | Lee Bank | Bur*****LLC | LEE, MA | $405,000 |
| 2024-02 | BayFirst National Bank | M J*****NC. | NORWOOD, MA | $150,000 |
| 2024-02 | Bristol County Savings Bank | T-S*****NC. | DIGHTON, MA | $65,000 |
| 2024-02 | Eastern Bank | OAK*****ING | BURLINGTON, MA | $50,000 |
| 2024-02 | Manufacturers and Traders Trust Company | Luz*****nc. | GLOUCESTER, MA | $10,000 |
| 2024-01 | Bristol County Savings Bank | New*****LLC | SWANSEA, MA | $75,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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