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Lee Bank

LEE, MA 1238

⭐ SBA Preferred Lender
24
Loans Approved
$8.3M
Total Volume
$348K
Avg Loan Size
1
States Served

States Served

Massachusetts

Top Industries Financed

  • Full-Service Restaurants
  • Landscaping Services
  • Limited-Service Restaurants
  • Hotels (except Casino Hotels) and Motels
  • Sporting Goods Stores

Quick Summary

Lee Bank is an SBA-approved lender headquartered in LEE, Massachusetts. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 24 SBA 7(a) loans totaling $8.3M, with an average loan size of $348K. They primarily serve Massachusetts businesses.

About Lee Bank

Lee Bank is an SBA-approved lender headquartered in LEE, Massachusetts. Since 2020, they have approved 24 SBA 7(a) loans totaling $8.3M, with an average loan size of $348K. 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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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Lee Bank an SBA Preferred Lender?

Yes, Lee 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 Lee Bank approved?

According to SBA FOIA public records, Lee Bank has approved 24 SBA 7(a) loans totaling $8.3M since 2020. Their average loan size is $348K.

What states does Lee Bank serve?

Lee Bank primarily serves businesses in Massachusetts.

How do I apply for an SBA loan with Lee Bank?

To apply for an SBA 7(a) loan with Lee 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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