North Brookfield Savings Bank
NORTH BROOKFIELD, MA 1535
⭐ SBA Preferred LenderStates Served
Top Industries Financed
- Landscaping Services
- General Automotive Repair
- Commercial and Industrial Machinery and Equipment (except Automotive a
- Welding and Soldering Equipment Manufacturing
- Specialized Freight (except Used Goods) Trucking, Local
Quick Summary
North Brookfield Savings Bank is an SBA-approved lender headquartered in NORTH BROOKFIELD, Massachusetts. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 30 SBA 7(a) loans totaling $2.8M, with an average loan size of $92K. They primarily serve Massachusetts businesses.
About North Brookfield Savings Bank
North Brookfield Savings Bank is an SBA-approved lender headquartered in NORTH BROOKFIELD, Massachusetts. Since 2020, they have approved 30 SBA 7(a) loans totaling $2.8M, with an average loan size of $92K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They primarily serve businesses in Massachusetts.
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Frequently Asked Questions
Is North Brookfield Savings Bank an SBA Preferred Lender?
Yes, North Brookfield Savings Bank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has North Brookfield Savings Bank approved?
According to SBA FOIA public records, North Brookfield Savings Bank has approved 30 SBA 7(a) loans totaling $2.8M since 2020. Their average loan size is $92K.
What states does North Brookfield Savings Bank serve?
North Brookfield Savings Bank primarily serves businesses in Massachusetts.
How do I apply for an SBA loan with North Brookfield Savings Bank?
To apply for an SBA 7(a) loan with North Brookfield Savings 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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