Reading Co-Operative Bank
READING, MA 1867
States Served
Top Industries Financed
- Supermarkets and Other Grocery (except Convenience) Stores
- Commercial and Institutional Building Construction
- Couriers
- Employment Placement Agencies
- Limited-Service Restaurants
Quick Summary
Reading Co-Operative Bank is an SBA-approved lender headquartered in READING, Massachusetts. Since 2020, they have approved 7 SBA 7(a) loans totaling $2.0M, with an average loan size of $287K. They primarily serve Massachusetts businesses.
About Reading Co-Operative Bank
Reading Co-Operative Bank is an SBA-approved lender headquartered in READING, Massachusetts. Since 2020, they have approved 7 SBA 7(a) loans totaling $2.0M, with an average loan size of $287K. They primarily serve businesses in Massachusetts.
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Frequently Asked Questions
Is Reading Co-Operative Bank an SBA Preferred Lender?
Reading 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 Reading Co-Operative Bank approved?
According to SBA FOIA public records, Reading Co-Operative Bank has approved 7 SBA 7(a) loans totaling $2.0M since 2020. Their average loan size is $287K.
What states does Reading Co-Operative Bank serve?
Reading Co-Operative Bank primarily serves businesses in Massachusetts.
How do I apply for an SBA loan with Reading Co-Operative Bank?
To apply for an SBA 7(a) loan with Reading 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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