New Data Shows Top Mass. SBA Lenders of 2021

In a year when Massachusetts businesses received nearly $6.9 billion in another round of Paycheck Protection Program lending, the U.S. Small Business Administration’s traditional loan programs also provided an additional $970 million in funding to small businesses.

Competition Heats Up In SBA Market

As credit unions, large banks and community banks plunge deeper into the Small Business Administration loan market, the competition may drive financial institutions to offer better rates and loan terms to consumers, issue more SBA 504 loans and spur innovation.