Banks and credit unions don’t have to have a previous affiliation with the U.S. Small Business Administration in order to help companies obtain loans under the $349-billion Payroll Protection Program, created to help businesses maintain their staffs in the wake of the coronavirus crisis.
[Related:Â Businesses urged to immediately apply for $349B bailout program before money runs out]
However, if you are looking for an SBA bank in Massachusetts, click this link for a spreadsheet with their names and contact information.
Separately, here is a list of all the Massachusetts banks which made an SBA 7(a) loan to at least one business in 2019.Â
- Abington Bank in Abington
- Align Credit Union in Lowell
- Athol Savings Bank in Athol
- Avidia Bank in Hudson
- BankGloucester in Gloucester
- bankHometown in Millbury
- Bay State Savings Bank in Worcester
- BayCoast Bank in Swansea
- Berkshire Bank in Pittsfield
- Beverly Bank in Beverly
- Boston Private Bank & Trust Company in Boston
- Bristol County Savings Bank in Taunton
- Brookline Bank in Brookline
- Cambridge Savings Bank in Cambridge
- Cape Ann Savings Bank in Gloucester
- Cape Cod Five Cents Savings Bank in Harwichport
- Century Bank and Trust Company in Somerville
- Charles River Bank in Medway
- Coastal Heritage Bank in East Weymouth
- Common Capital Inc. in Springfield
- Cornerstone Bank in Worcester
- Country Bank in Ware
- Crescent Credit Union in Brockton
- Dean Co-Operative Bank in Franklin
- East Boston Savings Bank in East Boston
- East Cambridge Savings Bank in Cambridge
- Eastern Bank in Boston
- Easthampton Savings Bank in Easthampton
- Enterprise Bank and Trust Company in Lowell
- Everett Co-operative Bank in Everett
- Fall River Five Cents Savings Bank d/b/a BankFive in Fall River
- Fidelity Co-Operative Bank in Fitchburg
- Florence Bank in Florence
- GFA Federal Credit Union in Gardner
- Greenfield Co-Operative Bank in Greenfield
- Greenfield Savings Bank in Greenfield
- Greylock Federal Credit Union in Pittsfield
- Hanscom Fedferal Credit Union in Hanscom Air Force Base
- HarborOne Bank in Brockton
- Haverhill Bank in HaverhillÂ
- Leader Bank, National Association in Arlington
- Liberty Bay Credit Union in Braintree
- Main Street Bank, Marlborough
- Mechanics Cooperative Bank in Taunton
- Merrimack Valley Credit Union in Lawrence
- Middlesex Savings Bank in Natick
- Needham Bank in Needham
- Newburyport Five Cents Savings Bank in Newburyport
- North Brookfield Savings Bank in North Brookfield
- North Easton Savings Bank in South Easton
- Northern Bank and Trust Company in Woburn
- Pentucket Bank in HaverhillÂ
- PeoplesBank in Holyoke
- Reading Co-Operative Bank in Reading
- Rockland Trust Company in Rockland
- Salem Five Cents Savings Bank in Salem
- South Eastern Economic Development Corporation in Taunton
- South Shore Bank in Weymouth
- Southbridge Credit Union in Southbridge
- St. Mary’s Credit Union in Marlborough
- The Cooperative Bank of Cape Cod in Hyannis
- The Provident Bank in Amesbury
- UniBank for Savings in Whitinsville
- Webster Five Cents Savings Bank in Webster
- Westfield Bank in Westfield
- Workers Credit Union in Fitchburg
Source: WBJ Research Department
