{"citation":"SBA loans to fast-food, pizza and counter-service restaurants in Massachusetts. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/industries/limited-service-restaurants/massachusetts/ Source: SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026 (https://data.sba.gov/dataset/7a-504-foia).","url":"https://www.sbaexpress.loans/industries/limited-service-restaurants/massachusetts/","title":"SBA loans to fast-food, pizza and counter-service restaurants in Massachusetts","data_as_of":"2026-06-30","checked":null,"sources":[{"label":"SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026","url":"https://data.sba.gov/dataset/7a-504-foia"}],"data":{"window":{"id":"all","from":"2019-10-01","to":"2026-06-30"},"state":{"code":"MA","name":"Massachusetts"},"industry":{"naics":"722513","name":"Limited-Service Restaurants","url":"/industries/limited-service-restaurants/"},"loans":287,"dollars_approved":95549000,"measures":{"share_of_all_loans_pct":{"state":3.335,"national":3.337,"reading":"No clear gap"},"median_loan":{"state":163000,"national":329000,"reading":"Clearly lower"},"middle_half_of_loans":{"state":{"p25":59600,"p75":442500},"national":{"p25":113250,"p75":575000}},"startup_pct":{"state":27.2,"national":39.5,"reading":"Clearly lower"},"new_pct":{"state":17.8,"national":15.4,"reading":"No clear gap"},"existing_pct":{"state":44.9,"national":30.3,"reading":"Clearly higher"},"ownership_pct":{"state":9.8,"national":14.0,"reading":"No clear gap"},"express_pct":{"state":44.9,"national":23.3,"reading":"Clearly higher"},"loc_pct":{"state":20.2,"national":13.6,"reading":"No clear gap"},"median_term_months":{"state":120,"national":120},"median_spread_over_prime_points":{"state":2.5,"national":2.5}},"clear_gaps":["express","size","existing"],"top_lenders":{"Eastern Bank":41,"TD Bank":23,"Rockland Trust Company":18,"M&T Bank":17,"Live Oak Banking Company":15},"note":"Null means fewer than 5 loans. Loans SBA approved only: the file has no denials. Spread over Prime is the rate at approval minus Prime that day, not today's rate."}}