SBA Loans for NAICS 532 in Massachusetts: Top Lenders
NAICS 532NAICS 532 covers passenger car rental businesses in Massachusetts. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Massachusetts
Median Loan Size
$100,000
per approval
Recent Activity
0
last 90 days through Jan 2025
NAICS 532 covers passenger car rental businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $100,000.
Key trends & insights
- NAICS 532 in Massachusetts lending is concentrated — Salem Five Cents Savings Bank, Bayfirst National Bank, TD Bank, National Association together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Salem Five Cents Savings Bank leads this industry with 1 approvals (20% market share) and a median loan of $25,000.
- NAICS 532 in Massachusetts loans skew smaller than the SBA average at $100,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2025-01-22 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for NAICS 532 in Massachusetts
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $25,000 | |
| 2 | 1 | $150,000 | |
| 3 | 1 | $10,000 | |
| 4 | 1 | $100,000 | |
| 5 | 1 | $125,000 |
Recent SBA 7(a) approvals for NAICS 532 in Massachusetts
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-09 | Eastern Bank | COM*****INC | QUINCY, MA | $100,000 |
| 2025-09 | Eastern Bank | COM*****INC | QUINCY, MA | $40,000 |
| 2025-03 | UniBank for Savings | Evo*****LLC | WHITINSVILLE, MA | $60,000 |
| 2025-03 | TD Bank, National Association | Tos*****LC. | WORCESTER, MA | $15,000 |
| 2025-01 | Salem Five Cents Savings Bank | OIE*****LLC | STONEHAM, MA | $15,000 |
| 2025-01 | Salem Five Cents Savings Bank | Foo*****LLC | STONEHAM, MA | $25,000 |
| 2024-12 | New Valley Bank & Trust | The*****LLC | Springfield, MA | $100,000 |
| 2024-12 | First Commonwealth Bank | Pet*****LLC | WALTHAM, MA | $295,000 |
| 2024-08 | UniBank for Savings | Evo*****LLC | WHITINSVILLE, MA | $23,500 |
| 2024-06 | Bristol County Savings Bank | RED*****INC | FOXBORO, MA | $150,000 |
| 2024-06 | Northeast Bank | TRU*****LLC | Boston, MA | $41,900 |
| 2024-01 | The Huntington National Bank | Bea*****LLC | PITTSFIELD, MA | $1,463,400 |
| 2024-01 | The Huntington National Bank | Bea*****LLC | PITTSFIELD, MA | $25,000 |
| 2024-01 | All One Credit Union | TB *****LLC | Chelmsford, MA | $450,000 |
| 2023-11 | TD Bank, National Association | Gom*****LLC | PEABODY, MA | $52,900 |
| 2023-09 | Eastern Bank | ROS*****TED | METHUEN, MA | $100,000 |
| 2023-08 | BayFirst National Bank | Ci****LLC | LUNENBURG, MA | $150,000 |
| 2023-03 | Manufacturers and Traders Trust Company | Off*****Co. | WALTHAM, MA | $75,000 |
| 2023-02 | KeyBank National Association | The*****LLC | Springfield, MA | $25,000 |
| 2023-02 | Northern Bank and Trust Company | Bos*****LLC | Watertown, MA | $111,000 |
| 2022-10 | Eastern Bank | Pik*****LLC | Waltham, MA | $125,000 |
| 2022-10 | Eastern Bank | Pik*****LLC | Waltham, MA | $250,000 |
| 2022-07 | TD Bank, National Association | Tru*****LLC | FRAMINGHAM, MA | $10,000 |
| 2022-05 | Northern Bank and Trust Company | Bos*****LLC | Watertown, MA | $137,500 |
| 2022-03 | TD Bank, National Association | DIY*****nc. | WESTFIELD, MA | $744,000 |
| 2021-10 | Newtek Small Business Finance, Inc. | Sco*****Inc | BELMONT, MA | $262,500 |
| 2021-09 | Eastern Bank | RID*****NC. | EAST SANDWICH, MA | $25,000 |
| 2021-07 | Avidia Bank | E T*****Inc | Hopedale, MA | $100,000 |
| 2020-07 | Rockland Trust Company | BAY*****INC | WHITMAN, MA | $243,000 |
| 2020-04 | Eastern Bank | Spr*****Inc | West Roxbury, MA | $25,000 |
| 2020-02 | Cambridge Savings Bank | Ash*****LLC | ASHLAND, MA | $15,000 |
| 2020-02 | Cambridge Savings Bank | Ash*****LLC | ASHLAND, MA | $25,000 |
| 2019-11 | Eastern Bank | REH*****NC. | TAUNTON, MA | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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