Methuen Co-operative Bank
METHUEN, MA 1844
States Served
Top Industries Financed
- Janitorial Services
- Masonry Contractors
Quick Summary
Methuen Co-operative Bank is an SBA-approved lender headquartered in METHUEN, Massachusetts. Since 2020, they have approved 2 SBA 7(a) loans totaling $284K, with an average loan size of $142K. They primarily serve Massachusetts businesses.
About Methuen Co-operative Bank
Methuen Co-operative Bank is an SBA-approved lender headquartered in METHUEN, Massachusetts. Since 2020, they have approved 2 SBA 7(a) loans totaling $284K, with an average loan size of $142K. They primarily serve businesses in Massachusetts.
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Frequently Asked Questions
Is Methuen Co-operative Bank an SBA Preferred Lender?
Methuen Co-operative Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has Methuen Co-operative Bank approved?
According to SBA FOIA public records, Methuen Co-operative Bank has approved 2 SBA 7(a) loans totaling $284K since 2020. Their average loan size is $142K.
What states does Methuen Co-operative Bank serve?
Methuen Co-operative Bank primarily serves businesses in Massachusetts.
How do I apply for an SBA loan with Methuen Co-operative Bank?
To apply for an SBA 7(a) loan with Methuen Co-operative Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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