Webster Five Cents Savings Bank

MA

SBA-approved lender offering 8 loan programs across 7 industries.

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Key Metrics

Interest Rate

9.10%

2.35% over prime

Average Loan

$186K

Per approval

Total Approvals

12

FY 2025

Loan Programs (8)

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

Industries Served (7)

Barber ShopsBeauty SalonsCommercial Screen PrintingLandscaping ServicesPet Care (except Veterinary) ServicesPlumbing, Heating, and Air-Conditioning ContractorsTravel Agencies

Additional Details

Prime Rate
6.75%
Rate Over Prime
2.35%
Effective Rate
9.10%
Fiscal Year
2025
States Served
MA

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