Top SBA Lenders in Somerville, MA
68 approved SBA 7(a) loans in Somerville from FY2021 through FY2026, averaging $451K per loan — 45% higher than the Massachusetts state average. Eastern Bank leads local lenders with 17 loans.
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Approved loans in Somerville
$451K
Average loan size
45% higher
vs. Massachusetts average
The most active SBA lender in Somerville is Eastern Bank with 17 approved loans, which may differ from the busiest lender statewide. Local track record matters: a lender that closes regularly in your city already knows the market.
Source: SBA FOIA 7(a) loan-level data, FY2021–FY2026, by borrower city. Cities with fewer than 50 approved loans in this period are not shown.
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