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Limited-Service Restaurants: SBA acquisition loans in Massachusetts
13 SBA-financed business acquisitions in Massachusetts classified as Limited-Service Restaurants, FY2024–FY2026. Median loan $461K. See which lenders did them.
- Acquisitions financed
- 13
- Total approved
- $8.1M
- Median loan
- $461K
- Middle half of loans
- $275K to $590K
- Median starting rate
- 8.75%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Northwest Bank | 2 | 15% | $857K | $1.7M |
| 2 | Rockland Trust Company | 2 | 15% | $370K | $740K |
| 3 | Newtek Bank, National Association | 2 | 15% | $188K | $375K |
| 4 | Live Oak Banking Company | 1 | 8% | $1.6M | $1.6M |
| 5 | Manufacturers and Traders Trust Company | 1 | 8% | $1.3M | $1.3M |
| 6 | Bank Five Nine | 1 | 8% | $590K | $590K |
| 7 | Lee Bank | 1 | 8% | $516K | $516K |
| 8 | Truliant FCU | 1 | 8% | $500K | $500K |
| 9 | Eastern Bank | 1 | 8% | $461K | $461K |
| 10 | Cape and Coast Bank | 1 | 8% | $275K | $275K |
For comparison, the same industry nationwide: 826 loans, median $414K, median starting rate 9.50%. See Limited-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.