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SBA lending record

ACOUSTIC RESEARCH SYSTEMS LLC

113 E. GERMAN STREET, Shepherdstown, WV 25443 · Research and Development in the Physical, Engineering, and L. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.8M

Total SBA financing

3

Loans on record

FY2021–22

On record

27

Jobs supported

business — business location is the ZIP-area centroid from the public record

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All 3 loans

$350,000 — FY2022

Loan 1 of 3
Gross approval
$350,000
SBA guaranteed
$175,000 (50%)
Status
Current
Rate at approval
6.25% v
Term
120 mo (10 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
4/29/2022
First disbursement
5/16/2022
Days to fund
17 days
Collateral
Required
Jobs supported
12
Business type
Corporation
Business age
New Business or 2 years or less
Industry
All Other Professional, Scientific, and Technical Services
NAICS code
541990
Address
113 E GERMAN ST
City
Shepherdstown, 25443
County
Jefferson
SBA district office
WEST VIRGINIA DISTRICT OFFICE
Congressional district
2

$1,300,000 — FY2022

Loan 2 of 3
Gross approval
$1,300,000
SBA guaranteed
$975,000 (75%)
Status
Current
Rate at approval
8.25% v
Term
132 mo (11 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
9/19/2022
First disbursement
10/5/2022
Days to fund
16 days
Collateral
Required
Sold on secondary market
Yes
Jobs supported
10
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Research and Development in the Physical, Engineering, and L
NAICS code
541715
Address
254 AB Parks Drive
City
Martinsburg, 25405
County
Berkeley
SBA district office
WEST VIRGINIA DISTRICT OFFICE
Congressional district
2

$175,000 — FY2021

Loan 3 of 3
Gross approval
$175,000
SBA guaranteed
$87,500 (50%)
Status
Paid in full
Rate at approval
5.5% f
Term
60 mo (5 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
10/27/2020
First disbursement
11/30/2020
Days to fund
34 days
Paid in full
11/30/2025
Collateral
Required
Jobs supported
5
Business type
Corporation
Business age
Startup, Loan Funds will Open Business
Industry
Research and Development in the Physical, Engineering, and L
NAICS code
541715
Address
113 E. GERMAN STREET
City
Shepherdstown, 25443
County
Jefferson
SBA district office
WEST VIRGINIA DISTRICT OFFICE
Congressional district
2

The lender

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The banks most active funding research and development in the physical, engineering, and l — by location, industry.

Similar businesses

Comparable research and development in the physical, engineering, and l in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Agent summary

This page summarizes the public SBA 7(a) lending record for ACOUSTIC RESEARCH SYSTEMS LLC in Shepherdstown, WV (Research and Development in the Physical, Engineering, and L). 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.

  • 3 SBA 7(a) loans totaling $1.8M
  • On record FY2021–22
  • 27 jobs supported
  • Industry: Research and Development in the Physical, Engineering, and L
  • Location: Shepherdstown, WV
  • Lender: Potomac Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Research and Development in the Physical, Engineering, and L businesses in WV for ~$608k 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 2026-06-24.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
  • 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.

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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 ACOUSTIC RESEARCH SYSTEMS LLC.

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