Monson Savings Bank
Monson, MA 1057
States Served
Top Industries Financed
- Fitness and Recreational Sports Centers
Quick Summary
Monson Savings Bank is an SBA-approved lender headquartered in Monson, Massachusetts. Since 2020, they have approved 1 SBA 7(a) loans totaling $360K, with an average loan size of $360K. They primarily serve Massachusetts businesses.
About Monson Savings Bank
Monson Savings Bank is an SBA-approved lender headquartered in Monson, Massachusetts. Since 2020, they have approved 1 SBA 7(a) loans totaling $360K, with an average loan size of $360K. They primarily serve businesses in Massachusetts.
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Frequently Asked Questions
Is Monson Savings Bank an SBA Preferred Lender?
Monson 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 Monson Savings Bank approved?
According to SBA FOIA public records, Monson Savings Bank has approved 1 SBA 7(a) loans totaling $360K since 2020. Their average loan size is $360K.
What states does Monson Savings Bank serve?
Monson Savings Bank primarily serves businesses in Massachusetts.
How do I apply for an SBA loan with Monson Savings Bank?
To apply for an SBA 7(a) loan with Monson 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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