North Shore Bank, a Co-operative Bank
Peabody, MA 1960
⭐ SBA Preferred LenderStates Served
Top Industries Financed
- Limited-Service Restaurants
- Coffee and Tea Manufacturing
- Full-Service Restaurants
- Painting and Wall Covering Contractors
- Janitorial Services
Quick Summary
North Shore Bank, a Co-operative Bank is an SBA-approved lender headquartered in Peabody, Massachusetts. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 50 SBA 7(a) loans totaling $13.8M, with an average loan size of $275K. They primarily serve Massachusetts businesses.
About North Shore Bank, a Co-operative Bank
North Shore Bank, a Co-operative Bank is an SBA-approved lender headquartered in Peabody, Massachusetts. Since 2020, they have approved 50 SBA 7(a) loans totaling $13.8M, with an average loan size of $275K. 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.
Before you apply — know where you stand
Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
Helpful SBA Borrower Guides
Frequently Asked Questions
Is North Shore Bank, a Co-operative Bank an SBA Preferred Lender?
Yes, North Shore Bank, a Co-operative 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 Shore Bank, a Co-operative Bank approved?
According to SBA FOIA public records, North Shore Bank, a Co-operative Bank has approved 50 SBA 7(a) loans totaling $13.8M since 2020. Their average loan size is $275K.
What states does North Shore Bank, a Co-operative Bank serve?
North Shore Bank, a Co-operative Bank primarily serves businesses in Massachusetts.
How do I apply for an SBA loan with North Shore Bank, a Co-operative Bank?
To apply for an SBA 7(a) loan with North Shore Bank, a 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+.
Get in Touch with This Lender
Contact North Shore Bank, a Co-operative Bank
Ready to Apply for an SBA Loan?
Check if you qualify in minutes — no impact to your credit score.
SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days