Ives Bank

CT

SBA-approved lender offering 9 loan programs across 9 industries.

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Key Metrics

Interest Rate

9.06%

2.31% over prime

Average Loan

$513K

Per approval

Total Approvals

20

FY 2025

Loan Programs (9)

Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
Preferred Lenders Program
SBA Express Program
7a General
Change of Ownership
Loan Funds will Open Business
International Trade Loans

Industries Served (9)

All Other Automotive Repair and MaintenanceAll Other Legal ServicesAll Other Personal ServicesCoin-Operated Laundries and DrycleanersCommercial Gravure PrintingCookie and Cracker ManufacturingInsurance Agencies and BrokeragesOffices of ChiropractorsOther Miscellaneous Durable Goods Merchant Wholesalers

Additional Details

Prime Rate
6.75%
Rate Over Prime
2.31%
Effective Rate
9.06%
Fiscal Year
2025
States Served
CT

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