SBA lending record
16 DRAPER LLC
18 SUNSET RD, Stoneham, MA · Lessors of Nonresidential Buildings (except Miniwarehouses). The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$180K
Total SBA financing
1
Loan on record
FY2023
On record
1
Jobs supported
Is 16 DRAPER LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$180,000 — FY2023
- Gross approval
- $180,000
- SBA guaranteed
- $135,000 (75%)
- Status
- Current
- Rate at approval
- 6.75% f
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/29/2023
- First disbursement
- 12/22/2023
- Days to fund
- 84 days
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Lessors of Nonresidential Buildings (except Miniwarehouses)
- NAICS code
- 531120
- Lender
- Needham Bank
- Address
- 18 SUNSET RD
- City
- Stoneham
- County
- Middlesex
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 5
The lender
Find SBA lenders for businesses like this
The banks most active funding lessors of nonresidential buildings (except miniwarehouses) — by location, industry.
Similar businesses
Comparable lessors of nonresidential buildings (except miniwarehouses) in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Suvassa Investments LLC
Lexington, MA· ~8 mi
Lessors of Nonresidential Buildings (except Miniwarehouses)
- $160K
- SBA financing
- ≈ $314K–$523K
- Est. revenue (rough)
Wheelhouse Cowork LLC
Gloucester, MA· ~24 mi
Lessors of Nonresidential Buildings (except Miniwarehouses)
- $168K
- SBA financing
- ≈ $329K–$549K
- Est. revenue (rough)
18 BECK ROAD LLC
Arlington, MA· ~6 mi
Lessors of Nonresidential Buildings (except Miniwarehouses)
- $60K
- SBA financing
- ≈ $118K–$196K
- Est. revenue (rough)
Lighthouse Realty, LLC
Melrose, MA· ~1 mi
Lessors of Nonresidential Buildings (except Miniwarehouses)
- $1.0M
- SBA financing
- ≈ $2.0M–$3.3M
- Est. revenue (rough)
Suvassa Realty LLC
Lexington, MA· ~8 mi
Lessors of Nonresidential Buildings (except Miniwarehouses)
- $576K
- SBA financing
- ≈ $1.1M–$1.9M
- Est. revenue (rough)
Birch Valley LLC
Northborough, MA· ~30 mi
Lessors of Nonresidential Buildings (except Miniwarehouses)
- $99K
- SBA financing
- ≈ $194K–$324K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for 16 DRAPER LLC in Stoneham, MA (Lessors of Nonresidential Buildings (except Miniwarehouses)). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $180K
- On record FY2023
- 1 jobs supported
- Industry: Lessors of Nonresidential Buildings (except Miniwarehouses)
- Location: Stoneham, MA
- Lender: Needham Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Lessors of Nonresidential Buildings (except Miniwarehouses) businesses in MA for ~$180k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
Is 16 DRAPER LLC your business?
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with 16 DRAPER LLC.