Avidia Bank
MA
SBA-approved lender offering 7 loan programs across 9 industries.
Key Metrics
Interest Rate
7.92%
1.17% over prime
Average Loan
$332K
Per approval
Total Approvals
20
FY 2025
Loan Programs (7)
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
SBA Express Program
Change of Ownership
Fixed Rates
Industries Served (9)
All Other Support ServicesFull-Service RestaurantsLimited-Service RestaurantsOffices of Physical, Occupational and Speech Therapists, and AudiologiOffices of Physicians (except Mental Health Specialists)Offices of Real Estate Agents and BrokersOther Personal Care ServicesSnack and Nonalcoholic Beverage BarsSports and Recreation Instruction
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 1.17%
- Effective Rate
- 7.92%
- Fiscal Year
- 2025
- States Served
- MA
- Website
- www.avidiabank.com
Ready to apply with Avidia Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.