STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
127
2010–2023
Total Volume
$11M
Gross loan amounts
States Active
2
With recorded loans
Programs
7(a) & 504
127 total segments
Monson Savings Bank primarily focuses on 7(a) loans, with 124 out of 127 deals in this category, making it a better fit for borrowers seeking working capital or refinancing rather than real estate.
The average spread for 7(a) loans at Monson Savings Bank is P+1.49%, which is significantly lower than the national median of P+2.75%. This could lead to lower overall borrowing costs for you.
With an average deal size of $89,639 and most deals under $150K, Monson Savings Bank is best suited for smaller businesses or those seeking modest financing rather than large acquisitions.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 3 504 loans, which use fixed SBA debenture rates.
States where Monson Savings Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Administrative & Waste Services
Administrative & Waste Services
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Other Repair & Services
Other Services
Retail Trade
Retail Trade
Auto Repair & Maintenance
Other Services
Personal Care (Salons, Spas)
Other Services
Restaurants & Food Service
Accommodation & Food Services
+ 7 more
All recorded SBA lending activity for Monson Savings Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Massachusetts · Administrative & Waste Services · Under $150K | 7(a) | 23 | P+2.00% | $48K | Q1 2016 |
| Massachusetts · Manufacturing · Under $150K | 7(a) | 8 | P+1.50% | $28K | Q2 2017 |
| Massachusetts · Specialty Trade Contractors · Under $150K | 7(a) | 7 | P+1.50% | $57K | Q2 2015 |
| Massachusetts · Auto Repair & Maintenance · Under $150K | 7(a) | 6 | P+1.56% | $40K | Q2 2015 |
| Massachusetts · Restaurants & Food Service · Under $150K | 7(a) | 6 | P+1.88% | $46K | Q1 2013 |
| Massachusetts · Personal Care (Salons, Spas) · Under $150K | 7(a) | 5 | P+1.75% | $27K | Q1 2017 |
| Massachusetts · Other Repair & Services · Under $150K | 7(a) | 5 | P+1.00% | $28K | Q1 2016 |
| Massachusetts · Engineering & Architecture · Under $150K | 7(a) | 4 | P+1.63% | $44K | Q4 2016 |
| Massachusetts · Social Assistance · Under $150K | 7(a) | 4 | P+1.25% | $38K | Q3 2017 |
| Massachusetts · Education · Under $150K | 7(a) | 4 | P+1.75% | $16K | Q2 2016 |
| Massachusetts · Building Construction · Under $150K | 7(a) | 3 | P+2.75% | $68K | Q1 2013 |
| Massachusetts · Other Health Practitioners · Under $150K | 7(a) | 3 | P+-1.75% | $29K | Q4 2014 |
| Connecticut · Retail Trade · Under $150K | 7(a) | 3 | P+1.75% | $57K | Q4 2013 |
| Massachusetts · Auto Dealers & Parts · Under $150K | 7(a) | 2 | P+1.00% | $125K | Q1 2012 |
| Massachusetts · Administrative & Waste Services · $150K – $350K | 7(a) | 2 | P+2.25% | $225K | Q1 2013 |
| Massachusetts · General Merchandise · Under $150K | 7(a) | 2 | P+1.13% | $18K | Q4 2010 |
| Massachusetts · Physician & Dental Offices · Under $150K | 7(a) | 2 | P+1.00% | $100K | Q3 2011 |
| Massachusetts · Other Repair & Services · $150K – $350K | 7(a) | 2 | P+1.94% | $215K | Q3 2016 |
| Massachusetts · Wholesale Trade · Under $150K | 7(a) | 2 | P+1.19% | $31K | Q4 2013 |
| Massachusetts · Laundry & Dry Cleaning · Under $150K | 7(a) | 2 | P+2.25% | $39K | Q3 2014 |
| Massachusetts · Retail Trade · Under $150K | 7(a) | 2 | P+2.25% | $35K | Q3 2014 |
| Massachusetts · Transportation & Warehousing · Under $150K | 7(a) | 2 | P+1.63% | $49K | Q2 2013 |
| Massachusetts · Information & Media · Under $150K | 7(a) | 2 | P+1.88% | $50K | Q2 2013 |
| Massachusetts · Finance & Insurance · Under $150K | 7(a) | 2 | P+1.25% | $108K | Q4 2014 |
| Massachusetts · Real Estate · Under $150K | 7(a) | 2 | P+1.00% | $50K | Q2 2017 |
Get a free personalized report comparing this lender against the best matches for your specific situation.
Free. No broker fees. Results in 10-15 minutes.
Real experiences from borrowers who closed SBA loans with Monson Savings Bank.
No reviews yet. Be the first to review Monson Savings Bank.