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SBA LenderMassachusettsSmall-Business Profile

People's United Bank, National Association

SBA lender based in Massachusetts serving 9 states and 50 industries

Quick Answer

Is People's United Bank, National Association the right SBA lender for your deal?

362
SBA loans funded
9
States served
50
Industries
$118K
Avg loan size

People's United Bank, National Association has funded 362 SBA loans across 9 states and 50 industries. Their average loan size is $118K. Whether they are the right SBA lender for your deal depends on size, industry, geography, and credit profile. Historical volume is not a quote. PeerSense does not speak for People's United Bank, National Association.

SBA Lender Status

People's United Bank, National Association is an SBA Preferred Lender (PLP), a designation the SBA grants to lenders with delegated authority to approve 7(a) loans in-house, which speeds underwriting and closing. People's United Bank, National Association has funded 362 SBA 7(a) loans across 9 states, averaging $118K per loan. PLP status means the lender does not have to send each file to the SBA for review, a material edge on turnaround for qualified borrowers.

Geographic Reach
9states
Regional focus
Industry Coverage
50industries
Diverse lending portfolio
Average SBA Loan
$118K
Small-Business deal focus
Geographic Footprint

Top Lending States

01
Massachusetts
02
Connecticut
03
New Hampshire

Tell us about your deal. Lenders underwrite. We do not.

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FOIA history

FOIA history for People's United Bank, National Association

FOIA history for People's United Bank, National Association: 362 SBA loans across 9 states, average size $118K. Highest-volume NAICS in the tape: Limited-Service Restaurants. Highest-volume state in the tape: Massachusetts. Resolved-loan charge-off rate: 4.4%. That is history, not a buy box and not a prediction they will fund your file. Tell us about your deal.

Track Record

Recent SBA Activity at People's United Bank, National Association

Franchise lending: People's United Bank, National Association has funded SBA loans for multiple franchise concepts, with the highest volume in MERRY MAIDS, PLAY IT AGAIN SPORTS (RETAIL S, and BETWEEN ROUNDS BAKERY SANDWICH. Lender-franchise familiarity reduces underwriting friction: brands the lender already knows clear faster and re-trade less.

Industry concentration: The lender's highest-volume SBA industries are Limited-Service Restaurants, Sporting Goods & Hobby, and Special Trade Contractors (Legacy). Borrowers in these NAICS sectors typically see better terms and faster approvals.

Geographic concentration: Top markets are Massachusetts, Connecticut, and New Hampshire. Lenders typically underwrite faster in states where they already have closing comps.

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Looking for SBA Financing?

Tell us about your deal. Lenders underwrite. PeerSense uses proprietary data on lender track records to find the best fit for your industry, location, and loan size.

Curated capital network · 899+ SBA lenders tracked · The desk will reach out on qualified deals

Lender Reference

About People's United Bank, National Association SBA Lending

People's United Bank, National Association is an SBA lender headquartered in Massachusetts. PeerSense tracks this lender's SBA lending activity, including approval trends, geographic coverage, and industry specializations.

People's United Bank, National Association serves borrowers across 9 states and 50 industry sectors with a regional lending focus. To find out whether People's United Bank, National Association is a good fit for your specific deal, reach out to PeerSense for a free lender match.

PeerSense maintains detailed performance data on hundreds of SBA lenders to help borrowers and brokers identify the right capital source. Rather than spending weeks researching lenders on your own, book a free call and let our team match you with lenders who have a proven track record in your industry and geography.

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