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North Central Massachusetts Development Corporation

Fitchburg, MA 1420

6
Loans Approved
$302K
Total Volume
$50K
Avg Loan Size
1
States Served

States Served

Massachusetts

Top Industries Financed

  • Mobile Food Services
  • Drywall and Insulation Contractors
  • Fitness and Recreational Sports Centers
  • Snack and Nonalcoholic Beverage Bars
  • Barber Shops

Quick Summary

North Central Massachusetts Development Corporation is an SBA-approved lender headquartered in Fitchburg, Massachusetts. Since 2020, they have approved 6 SBA 7(a) loans totaling $302K, with an average loan size of $50K. They primarily serve Massachusetts businesses.

About North Central Massachusetts Development Corporation

North Central Massachusetts Development Corporation is an SBA-approved lender headquartered in Fitchburg, Massachusetts. Since 2020, they have approved 6 SBA 7(a) loans totaling $302K, with an average loan size of $50K. They primarily serve businesses in Massachusetts.

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SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is North Central Massachusetts Development Corporation an SBA Preferred Lender?

North Central Massachusetts Development Corporation 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 North Central Massachusetts Development Corporation approved?

According to SBA FOIA public records, North Central Massachusetts Development Corporation has approved 6 SBA 7(a) loans totaling $302K since 2020. Their average loan size is $50K.

What states does North Central Massachusetts Development Corporation serve?

North Central Massachusetts Development Corporation primarily serves businesses in Massachusetts.

How do I apply for an SBA loan with North Central Massachusetts Development Corporation?

To apply for an SBA 7(a) loan with North Central Massachusetts Development Corporation, 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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