The Lowell Five Cent Savings Bank
Tewksbury, MA 1876
States Served
Top Industries Financed
- Septic Tank and Related Services
- Full-Service Restaurants
- Limited-Service Restaurants
- All Other Amusement and Recreation Industries
- Beauty Salons
Quick Summary
The Lowell Five Cent Savings Bank is an SBA-approved lender headquartered in Tewksbury, Massachusetts. Since 2020, they have approved 14 SBA 7(a) loans totaling $7.2M, with an average loan size of $512K. They serve businesses across 2 states.
About The Lowell Five Cent Savings Bank
The Lowell Five Cent Savings Bank is an SBA-approved lender headquartered in Tewksbury, Massachusetts. Since 2020, they have approved 14 SBA 7(a) loans totaling $7.2M, with an average loan size of $512K. They serve businesses across 2 states.
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Frequently Asked Questions
Is The Lowell Five Cent Savings Bank an SBA Preferred Lender?
The Lowell Five Cent Savings 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 The Lowell Five Cent Savings Bank approved?
According to SBA FOIA public records, The Lowell Five Cent Savings Bank has approved 14 SBA 7(a) loans totaling $7.2M since 2020. Their average loan size is $512K.
What states does The Lowell Five Cent Savings Bank serve?
The Lowell Five Cent Savings Bank serves businesses in 2 states: Massachusetts, New Hampshire.
How do I apply for an SBA loan with The Lowell Five Cent Savings Bank?
To apply for an SBA 7(a) loan with The Lowell Five Cent 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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