Newburyport Five Cents Savings Bank
MA
SBA-approved lender offering 7 loan programs across 7 industries.
Key Metrics
Interest Rate
9.00%
2.25% over prime
Average Loan
$97K
Per approval
Total Approvals
15
FY 2025
Loan Programs (7)
7a General
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Change of Ownership
Industries Served (7)
Beauty SalonsDrinking Places (Alcoholic Beverages)Employment Placement AgenciesNew Single-Family Housing Construction (except Operative Builders)Offices of Physicians (except Mental Health Specialists)Offices of Real Estate Agents and BrokersSite Preparation Contractors
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.25%
- Effective Rate
- 9.00%
- Fiscal Year
- 2025
- States Served
- MA
- Website
- www.newburyportbank.com
Ready to apply with Newburyport Five Cents Savings Bank?
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