SBA Loans for Taxi Service in Massachusetts: Top Lenders
NAICS 485NAICS 485 covers taxi service businesses in Massachusetts. Based on historical SBA 7(a) lending data.
Total Approvals
14
in Massachusetts
Median Loan Size
$29,900
per approval
Recent Activity
3
last 90 days through Nov 2025
NAICS 485 covers taxi service businesses. This is a smaller category in SBA 7(a) lending with 14 approvals on record and a median loan size of $29,900.
Key trends & insights
- Taxi Service in Massachusetts lending is concentrated — TD Bank, National Association, Eastern Bank, Manufacturers AND Traders Trust Company together account for 57% of all approvals. If you're in this industry, these are your highest-probability lenders.
- TD Bank, National Association leads this industry with 3 approvals (21% market share) and a median loan of $30,000.
- Taxi Service in Massachusetts loans skew smaller than the SBA average at $29,900 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Taxi Service in Massachusetts
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $30,000 | |
| 2 | 3 | $25,000 | |
| 3 | 2 | $412,500 | |
| 4 | 1 | $25,600 | |
| 5 | 1 | $1,008,400 | |
| 6 | 1 | $29,800 | |
| 7 | 1 | $15,000 | |
| 8 | 1 | $350,000 | |
| 9 | 1 | $29,000 |
Recent SBA 7(a) approvals for Taxi Service in Massachusetts
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | Eastern Bank | E J*****LLC | WILMINGTON, MA | $25,000 |
| 2025-08 | Manufacturers and Traders Trust Company | STU*****LLC | WOBURN, MA | $725,000 |
| 2025-08 | TD Bank, National Association | JR *****LLC | METHUEN, MA | $30,000 |
| 2025-05 | Manufacturers and Traders Trust Company | STU*****LLC | WOBURN, MA | $100,000 |
| 2025-04 | Webster Bank National Association | ELM*****INC | QUINCY, MA | $350,000 |
| 2025-02 | Northeast Bank | EYE*****NC. | BOSTON, MA | $29,800 |
| 2024-10 | Brookline Bank, a Division of Beacon Bank and Trust | Ape*****nc. | BEDFORD, MA | $25,600 |
| 2024-10 | TD Bank, National Association | Alg*****LLC | WEST SPRINGFIELD, MA | $60,000 |
| 2024-07 | Eastern Bank | Oba*****LLC | NORTH ANDOVER, MA | $275,000 |
| 2024-03 | TD Bank, National Association | New*****Inc | HAVERHILL, MA | $25,000 |
| 2024-01 | St. Mary's CU | Bey*****LLC | MARLBOROUGH, MA | $15,000 |
| 2023-10 | Readycap Lending, LLC | Gig*****ili | CHESTNUT HILL, MA | $29,000 |
| 2023-08 | Eastern Bank | MOI*****SON | HYDE PARK, MA | $15,000 |
| 2023-05 | Common Capital Inc. | Roz*****LLC | Springfield, MA | $211,000 |
| 2022-03 | Dogwood State Bank | Nov*****LLC | Newton, MA | $1,008,400 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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