Fidelity Bank, a 'preferred' SBA lender, participating in special loan waiver program

In addition to providing small businesses with expedited services as a “preferred” SBA lender, Fidelity Bank can now also offer the County’s fee waiver for loans. The Preferred Lenders Program is part of the SBA’s effort to streamline the procedures necessary to provide financial assistance to the small business community.
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Fidelity Bank, a preferred SBA lender, will participate in Lackawanna County’s special SBA (Small Business Administration) program which waives all applicable SBA associated fees for businesses eligible for the County’s SBA loans.

Qualified businesses will include any business that meets the SBA 504 and 7(a) Loan Programs requirements and all other SBA and lending institution requirements. The business must also deploy 100 percent of the SBA loan proceeds in Lackawanna County.

“We are proud to be designated an SBA Preferred Lender, which enables us to provide faster and more efficient service to small businesses throughout our community,” said Daniel J. Santaniello, President & CEO, Fidelity Bank. “The fee waiver program is another way that Fidelity, in conjunction with the County, can help promote economic development and spur local growth.”

For more information on the SBA loan fee waiver program in Lackawanna County, or for an application, please contact Fidelity Bank at 1-800-388-4380. Fidelity Bank is a leader in SBA lending in Lackawanna County. In addition to providing small businesses with expedited services as a “preferred” SBA lender, Fidelity Bank can now also offer the County’s fee waiver for loans. The Preferred Lenders Program is part of the SBA’s effort to streamline the procedures necessary to provide financial assistance to the small business community.

With 11 branches located throughout Lackawanna and Luzerne Counties, Fidelity Bank offers full-service Trust & Investment Departments, a mortgage center, and an array of personal and business banking products and services. The bank provides 24 hour, seven day a week service to customers through branch offices, online at www.bankatfidelity.com and through the Customer Care Center at (800) 388.4380.