BuyoutLendersSBA 7(a) acquisition
lending data
Bank · Rockland, MA

Rockland Trust Company

Made 111 SBA 7(a) change-of-ownership loans totaling $62.6M in FY2024 to FY2026: #29 of 1,054 lenders by loans and #66 by dollars. Lends in 6 states. Part of Independent Bank Corp.

#29by loans, FY24–26
111loans
$62.6Mapproved
$270Kmedian loan
Where it lends: loans by state of the business
Volume

By fiscal year

Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.

Fiscal yearLoansDollarsMedianShare of all loans
FY202447$28.1M$252K0.8%
FY202540$24.5M$331K0.6%
FY202624$9.9M$236K0.4%
Loan size

Deal size mix

21% of its loans were $1M or more.

Where the money goes

Top industries

IndustryLoansDollars
Retail Trade43$28.3M
Accommodation & Food Services22$8.1M
Other Services10$3.7M
Construction9$6.3M
Manufacturing7$5.0M
Professional, Scientific & Technical Services5$4.1M
Educational Services4$1.6M
Administrative & Support, Waste Mgmt3$1.2M
Business location

Top states

Business stateLoansDollars
Massachusetts85$48.3M
New Hampshire15$8.1M
Rhode Island5$1.8M
Connecticut4$1.4M
Maine1$810K
New York1$2.2M
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