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Full-Service Restaurants: SBA acquisition loans in Massachusetts
33 SBA-financed business acquisitions in Massachusetts classified as Full-Service Restaurants, FY2024–FY2026. Median loan $240K. See which lenders did them.
- Acquisitions financed
- 33
- Total approved
- $19.5M
- Median loan
- $240K
- Middle half of loans
- $150K to $925K
- Median starting rate
- 8.25%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Rockland Trust Company | 17 | 52% | $225K | $7.0M |
| 2 | Northwest Bank | 3 | 9% | $663K | $2.9M |
| 3 | Northern Bank and Trust Company | 2 | 6% | $1.3M | $2.7M |
| 4 | Customers Bank | 2 | 6% | $475K | $950K |
| 5 | The Cape Cod Five Cents Savings Bank | 1 | 3% | $1.9M | $1.9M |
| 6 | Eastern Bank | 1 | 3% | $1.5M | $1.5M |
| 7 | VelocitySBA, LLC | 1 | 3% | $966K | $966K |
| 8 | Cape and Coast Bank | 1 | 3% | $788K | $788K |
| 9 | South Eastern Economic Development Corporation | 1 | 3% | $250K | $250K |
| 10 | Common Capital Inc. | 1 | 3% | $190K | $190K |
| 11 | Santander Bank, National Association | 1 | 3% | $172K | $172K |
| 12 | Cornerstone Bank | 1 | 3% | $150K | $150K |
| 13 | Bristol County Savings Bank | 1 | 3% | $80K | $80K |
For comparison, the same industry nationwide: 1,235 loans, median $465K, median starting rate 9.50%. See Full-Service Restaurants in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.