River Works CU
LYNN, MA 1905
States Served
Top Industries Financed
- Full-Service Restaurants
Quick Summary
River Works CU is an SBA-approved lender headquartered in LYNN, Massachusetts. Since 2020, they have approved 1 SBA 7(a) loans totaling $3.7M, with an average loan size of $3.7M. They primarily serve Massachusetts businesses.
About River Works CU
River Works CU is an SBA-approved lender headquartered in LYNN, Massachusetts. Since 2020, they have approved 1 SBA 7(a) loans totaling $3.7M, with an average loan size of $3.7M. They primarily serve businesses in Massachusetts.
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Frequently Asked Questions
Is River Works CU an SBA Preferred Lender?
River Works CU 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 River Works CU approved?
According to SBA FOIA public records, River Works CU has approved 1 SBA 7(a) loans totaling $3.7M since 2020. Their average loan size is $3.7M.
What states does River Works CU serve?
River Works CU primarily serves businesses in Massachusetts.
How do I apply for an SBA loan with River Works CU?
To apply for an SBA 7(a) loan with River Works CU, 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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