GOOD
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
125
2010–2026
Total Volume
$84M
Gross loan amounts
States Active
3
With recorded loans
Programs
504
123 total segments
Worcester Business Development focuses almost entirely on existing businesses, with 87% of their deals serving this purpose. This makes them a strong choice for established companies looking to expand or refinance.
With an average deal size of $683,024, Worcester Business Development is well-suited for mid-sized projects. If your financing needs fall within this range, they could be a good fit.
Worcester Business Development has shown impressive growth, with an 88% year-over-year increase in deals. This trend indicates a strong demand for their services, which could enhance your chances of approval.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 123 504 loans, which use fixed SBA debenture rates.
States where Worcester Business Development has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Specialty Trade Contractors
Construction
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Other Health Practitioners
Health Care & Social Assistance
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Administrative & Waste Services
Administrative & Waste Services
Auto Repair & Maintenance
Other Services
Physician & Dental Offices
Health Care & Social Assistance
+ 7 more
All recorded SBA lending activity for Worcester Business Development, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Massachusetts · Manufacturing · $500K – $1M | 504 | 6 | — | $773K | Q2 2023 |
| Massachusetts · Specialty Trade Contractors · $150K – $350K | 504 | 5 | — | $295K | Q3 2025 |
| Massachusetts · Arts, Entertainment & Recreation · $500K – $1M | 504 | 4 | — | $602K | Q4 2021 |
| Massachusetts · Restaurants & Food Service · $350K – $500K | 504 | 4 | — | $380K | Q3 2025 |
| Massachusetts · Manufacturing · $150K – $350K | 504 | 4 | — | $264K | Q1 2020 |
| Massachusetts · Hotels & Accommodation · $2M – $5M | 504 | 3 | — | $5.0M | Q1 2020 |
| Massachusetts · Restaurants & Food Service · $150K – $350K | 504 | 3 | — | $284K | Q3 2025 |
| Massachusetts · Other Health Practitioners · $150K – $350K | 504 | 3 | — | $229K | Q1 2024 |
| Massachusetts · Other Health Practitioners · $500K – $1M | 504 | 3 | — | $774K | Q3 2023 |
| Massachusetts · Specialty Trade Contractors · $350K – $500K | 504 | 3 | — | $421K | Q3 2023 |
| Massachusetts · Specialty Trade Contractors · $500K – $1M | 504 | 3 | — | $669K | Q2 2022 |
| Massachusetts · Administrative & Waste Services · Under $150K | 504 | 3 | — | $112K | Q1 2018 |
| Massachusetts · Food & Beverage Stores · $150K – $350K | 504 | 3 | — | $237K | Q1 2023 |
| Massachusetts · Auto Repair & Maintenance · $350K – $500K | 504 | 3 | — | $395K | Q1 2021 |
| Massachusetts · Education · Under $150K | 504 | 2 | — | $137K | Q1 2025 |
| Massachusetts · Arts, Entertainment & Recreation · $2M – $5M | 504 | 2 | — | $2.4M | Q3 2024 |
| Massachusetts · Other Professional Services · $500K – $1M | 504 | 2 | — | $724K | Q4 2024 |
| Massachusetts · Restaurants & Food Service · $500K – $1M | 504 | 2 | — | $589K | Q3 2022 |
| Massachusetts · Specialty Trade Contractors · Under $150K | 504 | 2 | — | $86K | Q3 2015 |
| Massachusetts · Auto Repair & Maintenance · Under $150K | 504 | 2 | — | $98K | Q2 2016 |
| Massachusetts · Auto Repair & Maintenance · $150K – $350K | 504 | 2 | — | $209K | Q2 2021 |
| Massachusetts · Other Repair & Services · $150K – $350K | 504 | 2 | — | $221K | Q1 2025 |
| Massachusetts · Physician & Dental Offices · $350K – $500K | 504 | 2 | — | $368K | Q1 2017 |
| Massachusetts · Manufacturing · $1M – $2M | 504 | 2 | — | $1.2M | Q4 2023 |
| Massachusetts · Other Health Practitioners · Under $150K | 504 | 2 | — | $140K | Q4 2020 |
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