SBA Lending

The Savings Bank offers commercial loans to fuel growth and fund your business initiatives. Our local small business specialists will learn the unique needs of your business, and you’ll have our support every step of the way. Talk with us about a tailored plan that works best for you.

Supporting small business growth as an approved Small Business Administration (SBA) lender.

SBA 7A and 504 Loans

Designed for start-ups, mergers, and acquisitions
Partially guaranteed by SBA
Flexible 504 program loans for real estate and equipment
Long-term fixed rates available
Streamlined approval process

Invest MA Loans

Investing For the Long-Term Initiative (Invest MA) was created to promote the success of small businesses.

Up to $10 million in state funds available for small business loans
Designed to help businesses expand
Term loans
Lines of credit
TSB Business credit lines

As of March 31, 2025, The Savings Bank has originated 51 loans totaling $4,601,334 through this program. Contact Joe Scurio for more information about this program.

Joseph T. Scurio
Senior Vice President
Senior Commercial Banking Officer
P: 781-486-5326
F: 781-224-3570

SBA Specialist

For information about SBA lending, contact:

Joseph T. Scurio
Senior Vice President
Senior Commercial Banking Officer
P: 781-486-5326
F: 781-224-3570

From our customers
“I stay with TSB because I know if I have an issue, I can reach out to an actual person and get help. It is what separates TSB from the big banks.”

From our customers
“Just great!”

From our customers
“I feel you excel in all areas but I am very appreciative of the kindness with which I have been treated all these years, by everyone at the TSB, whether in person or on the phone.”

From our customers
“I like the real hometown feel you get with The Savings Bank. Staff at ALL branches are wonderful, making the personal interaction very pleasant. I have been banking with you since 1978 and have never had even one issue.”

From our customers
“I have been banking here for a number of years. I love this bank! Customer service is awesome. Anytime I had a problem it was resolved professionally.”

From our customers
“The people I encounter at Lakeside and Main Street are always helpful and friendly. I enjoy that they actually care about me even though I am not one of your bigger clients.”

From our customers
“I have been banking with TSB for many years and I am very satisfied with them. Why wouldn’t you want to come and bank there?”

From our customers
“The staff in the Methuen office could not be kinder.”

From our customers
Friendly, helpful, and pleasant tellers in the Greenwood, Wakefield branch!

From our customers
“Your staff is the best.”

From our customers
“Love the personal connections with the bank personnel.”

From our customers
“I’ve used TSB for approximately 40 years. They have always been helpful and kind. Never had an issue. Love banking with TSB and all of the wonderful employees.”

From our customers
“Love everything!”

From our customers
“Love the employees at the North Reading Office. They are so friendly and helpful. The teller and the customer service representative are the BEST!!”

Talk to The Savings Bank

To find out how The Savings Bank can help you achieve all your financial goals, visit one of our offices, use our contact form, or call us at 800-246-2009.

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