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SBA lending record

Armac Inc

7 Kimball Ln Bldg E-3, Lynnfield, MA · Electrical Apparatus and Equipment, Wiring Supplies, and Rel. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$100K

Total SBA financing

1

Loan on record

FY2021

On record

5

Jobs supported

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The loan

$100,000 — FY2021

Gross approval: $100,000
SBA guaranteed: $75,000 (75%)
Status: Current
Rate at approval: 5.25% v
Term: 119 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/14/2021
First disbursement: 9/30/2021
Days to fund: 16 days
Collateral: None
Jobs supported: 5
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Apparatus and Equipment, Wiring Supplies, and Rel
NAICS code: 423610
Lender: Eastern Bank
Address: 7 Kimball Ln Bldg E-3
City: Lynnfield
County: Essex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

The lender

Eastern Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding electrical apparatus and equipment, wiring supplies, and rel — by location, industry.

SBA lenders in Massachusetts Lenders for electrical apparatus and equipment, wiring supplies, and rel Electrical Apparatus and Equipment, Wiring Supplies, and Rel lenders in Massachusetts

Similar businesses

Comparable electrical apparatus and equipment, wiring supplies, and rel in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

LMS GROUP INC

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SBA financing: ≈ $392K–$654K
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SBA financing: ≈ $500K–$833K
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RLG SUPPLY LLC

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$300K
SBA financing: ≈ $588K–$980K
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Durabrite, Inc.

Garden City, NY· ~180 mi

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$165K
SBA financing: ≈ $324K–$539K
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Zoobbay Inc

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SBA financing: ≈ $490K–$817K
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Puretek Group Inc

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SBA financing: ≈ $477K–$796K
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Agent summary

This page summarizes the public SBA 7(a) lending record for Armac Inc in Lynnfield, MA (Electrical Apparatus and Equipment, Wiring Supplies, and Rel). 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 $100K
On record FY2021
5 jobs supported
Industry: Electrical Apparatus and Equipment, Wiring Supplies, and Rel
Location: Lynnfield, MA
Lender: Eastern Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Electrical Apparatus and Equipment, Wiring Supplies, and Rel businesses in MA for ~$100k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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.
Canonical:: https://www.capbench.com/businesses/armac-inc-ma
API:: https://www.capbench.com/api/public/businesses/armac-inc-ma
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 Armac Inc 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 Armac Inc.

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