SBA Loans for Child Day Care Services in Massachusetts: Top Lenders
NAICS 624NAICS 624 covers child day care services businesses in Massachusetts. Based on historical SBA 7(a) lending data.
Total Approvals
32
in Massachusetts
Median Loan Size
$275,000
per approval
Recent Activity
6
last 90 days through Nov 2025
NAICS 624 covers child day care services businesses. This is a smaller category in SBA 7(a) lending with 32 approvals on record and a median loan size of $275,000.
Key trends & insights
- TD Bank, National Association leads this industry with 6 approvals (19% market share) and a median loan of $37,500.
Most active SBA lenders for Child Day Care Services in Massachusetts
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 6 | $37,500 | |
| 2 | 2 | $1,455,250 | |
| 3 | 2 | $64,000 | |
| 4 | 2 | $425,000 | |
| 5 | 2 | $537,000 | |
| 6 | 2 | $350,000 | |
| 7 | 2 | $275,000 | |
| 8 | 1 | $315,000 | |
| 9 | 1 | $150,000 | |
| 10 | 1 | $150,000 | |
| 11 | 1 | $450,000 | |
| 12 | 1 | $250,000 | |
| 13 | 1 | $2,106,000 | |
| 14 | 1 | $435,000 | |
| 15 | 1 | $38,000 | |
| 16 | 1 | $999,800 | |
| 17 | 1 | $350,000 | |
| 18 | 1 | $39,000 | |
| 19 | 1 | $451,000 | |
| 20 | 1 | $825,000 |
Recent SBA 7(a) approvals for Child Day Care Services in Massachusetts
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | Webster Bank National Association | J&M*****LLC | STOUGHTON, MA | $300,000 |
| 2025-11 | Webster Bank National Association | J&M*****LLC | STOUGHTON, MA | $774,000 |
| 2025-08 | TD Bank, National Association | Fer*****LLC | MIDDLEBORO, MA | $50,000 |
| 2025-06 | Readycap Lending, LLC | A&L*****are | CHICOPEE, MA | $38,000 |
| 2025-06 | Rockland Trust Company | Lit*****LLC | ABINGTON, MA | $103,000 |
| 2025-06 | Rockland Trust Company | Lit*****LLC | ABINGTON, MA | $25,000 |
| 2025-04 | First Bank of the Lake | The*****nce | WORCESTER, MA | $350,000 |
| 2025-03 | VelocitySBA, LLC | Lit*****LLC | WALTHAM, MA | $999,800 |
| 2025-03 | Eastern Bank | BRI*****INC | BURLINGTON, MA | $500,000 |
| 2025-02 | Bristol County Savings Bank | MOR*****INC | MARLBOROUGH, MA | $39,000 |
| 2025-01 | Newtek Bank, National Association | Hap*****LLC | Malden, MA | $200,000 |
| 2025-01 | TD Bank, National Association | Gla*****Inc | NORTH TRURO, MA | $25,000 |
| 2025-01 | Northeast Bank | MiV*****LLC | Holliston, MA | $250,000 |
| 2024-10 | Newtek Bank, National Association | San*****LLC | Peabody, MA | $500,000 |
| 2024-10 | TD Bank, National Association | LIC*****NEZ | CHICOPEE, MA | $20,000 |
| 2024-10 | TD Bank, National Association | LIC*****NEZ | CHICOPEE, MA | $20,000 |
| 2024-06 | First Bank of the Lake | Nat*****LLC | NATICK, MA | $500,000 |
| 2024-03 | Cambridge Savings Bank | Ced*****LLC | CAMBRIDGE, MA | $50,000 |
| 2024-02 | Capital One, National Association | Tom****LLc | QUINCY, MA | $2,106,000 |
| 2024-02 | TD Bank, National Association | ABC*****INC | WORCESTER, MA | $240,000 |
| 2024-01 | Seacoast National Bank | Ste*****nc. | MIddleton, MA | $450,000 |
| 2023-11 | Manufacturers and Traders Trust Company | Joh*****are | METHUEN, MA | $10,000 |
| 2023-11 | The Millyard Bank | Asp*****LLC | Beverly, MA | $825,000 |
| 2023-11 | Webster Five Cents Savings Bank | Acc*****LLC | WORCESTER, MA | $150,000 |
| 2023-08 | United Midwest Savings Bank National Association | ANA*****TER | WORCESTER, MA | $150,000 |
| 2023-07 | FWBank | FRA*****LLC | FRANKLIN, MA | $435,000 |
| 2023-03 | Customers Bank | Bea*****Inc | AUBURN, MA | $100,000 |
| 2023-03 | Customers Bank | Bea*****nc. | AUBURN, MA | $2,810,500 |
| 2023-02 | TD Bank, National Association | 64 *****LLC | WEST SPRINGFIELD, MA | $883,000 |
| 2022-02 | Eastern Bank | COA*****LLC | DUXBURY, MA | $50,000 |
| 2021-06 | Bank Five Nine | Str*****orp | MILTON, MA | $315,000 |
| 2020-08 | SouthState Bank, National Association | And*****LLC | ANDOVER, MA | $451,000 |
| 2020-02 | BayFirst National Bank | ELE*****INC | SOUTH EASTON, MA | $350,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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