STRONG
How competitive are their spreads? Lower = better for you.
STRONG
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
694
2010–2026
Total Volume
$226M
Gross loan amounts
States Active
11
With recorded loans
Programs
7(a) & 504
693 total segments
Needham Bank has a strong focus on existing businesses, with 65% of their SBA deals serving this sector. This makes them a solid choice for established companies looking to expand or refinance.
With an average 7(a) spread of P+1.72%, Needham Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
Despite their strong presence in the market, Needham Bank's SBA deal volume has declined by 64% year-over-year. This trend may indicate a tightening of lending standards, making it potentially harder for new borrowers to get approved.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 126 504 loans, which use fixed SBA debenture rates.
States where Needham Bank has recorded SBA lending activity.
+ 6 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Administrative & Waste Services
Administrative & Waste Services
Specialty Trade Contractors
Construction
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Management & IT Consulting
Professional Services
Wholesale Trade
Wholesale Trade
Retail Trade
Retail Trade
+ 7 more
All recorded SBA lending activity for Needham Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| New Hampshire · Restaurants & Food Service · Under $150K | 7(a) | 28 | P+1.75% | $72K | Q1 2023 |
| New Hampshire · Manufacturing · Under $150K | 7(a) | 22 | P+1.63% | $65K | Q1 2022 |
| Massachusetts · Restaurants & Food Service · Under $150K | 7(a) | 18 | P+2.50% | $75K | Q2 2024 |
| Massachusetts · Specialty Trade Contractors · Under $150K | 7(a) | 18 | P+2.00% | $63K | Q3 2025 |
| New Hampshire · Administrative & Waste Services · Under $150K | 7(a) | 16 | P+1.88% | $64K | Q3 2021 |
| Massachusetts · Manufacturing · Under $150K | 7(a) | 15 | P+2.00% | $82K | Q3 2022 |
| Massachusetts · Wholesale Trade · Under $150K | 7(a) | 13 | P+1.00% | $89K | Q4 2022 |
| Massachusetts · Administrative & Waste Services · Under $150K | 7(a) | 11 | P+2.25% | $62K | Q3 2025 |
| Massachusetts · Arts, Entertainment & Recreation · Under $150K | 7(a) | 10 | P+2.88% | $70K | Q2 2024 |
| New Hampshire · Manufacturing · $150K – $350K | 7(a) | 10 | P+1.57% | $271K | Q1 2021 |
| New Hampshire · Restaurants & Food Service · $150K – $350K | 7(a) | 9 | P+1.25% | $250K | Q2 2019 |
| New Hampshire · Management & IT Consulting · Under $150K | 7(a) | 8 | P+1.75% | $99K | Q1 2020 |
| Massachusetts · Administrative & Waste Services · $150K – $350K | 7(a) | 8 | P+2.00% | $208K | Q3 2025 |
| Massachusetts · Specialty Trade Contractors · $150K – $350K | 7(a) | 8 | P+1.63% | $224K | Q4 2023 |
| Massachusetts · Restaurants & Food Service · $150K – $350K | 7(a) | 8 | P+2.38% | $271K | Q4 2024 |
| New Hampshire · Wholesale Trade · Under $150K | 7(a) | 8 | P+1.75% | $97K | Q1 2016 |
| Massachusetts · Management & IT Consulting · $150K – $350K | 7(a) | 8 | P+1.63% | $279K | Q2 2024 |
| Massachusetts · Personal Care (Salons, Spas) · Under $150K | 7(a) | 8 | P+2.75% | $81K | Q3 2023 |
| Massachusetts · Management & IT Consulting · Under $150K | 7(a) | 7 | P+1.75% | $86K | Q3 2023 |
| Massachusetts · Retail Trade · Under $150K | 7(a) | 7 | P+2.75% | $56K | Q1 2022 |
| New Hampshire · Other Repair & Services · Under $150K | 7(a) | 7 | P+1.75% | $110K | Q2 2016 |
| Massachusetts · Auto Repair & Maintenance · Under $150K | 7(a) | 7 | P+2.25% | $37K | Q2 2022 |
| Massachusetts · Miscellaneous Retail · Under $150K | 7(a) | 7 | P+2.50% | $40K | Q3 2023 |
| Massachusetts · Building Construction · Under $150K | 7(a) | 6 | P+2.00% | $71K | Q2 2025 |
| Massachusetts · Social Assistance · Under $150K | 7(a) | 6 | P+2.00% | $45K | Q2 2023 |
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 Needham Bank.
No reviews yet. Be the first to review Needham Bank.
Listen to acquisition entrepreneurs share their experience
Acquiring Minds
Patrick Dichter · Appletree Business Services
$617K · NH · 2021
Acquiring Minds
Patrick Dichter · Appletree Business Services
$617K · 2021
Matched to real SBA lending records. LenderHawk is not affiliated with or endorsed by these podcasts.