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SBA LendingWhen appropriate, we work closely with the United States Small Business Administration (SBA) to provide small businesses with financing.
Small Business Banking PartnershipUp to $10 million in state funds available to invest in local businesses
As required by the Small Business Banking Partnership program, loans will be granted in sums of no less than $10,000 and no greater than $1,000,000. Since sponsoring this initiative the Bank has generated $103,545,249.20 in loans to the Business Community. As of September 30, 2023, Walpole Co-operative Bank has a total of 108 Small Business Loans with a committed balance of $16,823,332.16. Jobs for New England (JNE)Walpole Co-operative Bank has partnered with The Federal Home Loan Bank of Boston (FHLBB) to support local job growth and economic development as part of the JNE Program.
Through the Program, eligible small businesses in New England receive special, subsidized financing to help create and/or retain jobs, or otherwise contribute to overall economic development activities. |
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