Fidelity Co-Operative Bank
LEOMINSTER, MA 1453
⭐ SBA Preferred LenderStates Served
Top Industries Financed
- Child Day Care Services
- Computer Systems Design Services
Quick Summary
Fidelity Co-Operative Bank is an SBA-approved lender headquartered in LEOMINSTER, Massachusetts. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 3 SBA 7(a) loans totaling $2.3M, with an average loan size of $766K. They primarily serve Massachusetts businesses.
About Fidelity Co-Operative Bank
Fidelity Co-Operative Bank is an SBA-approved lender headquartered in LEOMINSTER, Massachusetts. Since 2020, they have approved 3 SBA 7(a) loans totaling $2.3M, with an average loan size of $766K. 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 Fidelity Co-Operative Bank an SBA Preferred Lender?
Yes, Fidelity 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 Fidelity Co-Operative Bank approved?
According to SBA FOIA public records, Fidelity Co-Operative Bank has approved 3 SBA 7(a) loans totaling $2.3M since 2020. Their average loan size is $766K.
What states does Fidelity Co-Operative Bank serve?
Fidelity Co-Operative Bank primarily serves businesses in Massachusetts.
How do I apply for an SBA loan with Fidelity Co-Operative Bank?
To apply for an SBA 7(a) loan with Fidelity 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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