SBA lending record

Cross Construction, LLC

37 R Elliott Street, Danvers, MA · Residential Remodelers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$107K

Total SBA financing

Loans on record

FY2020

On record

Jobs supported

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All 2 loans

$57,000 — FY2020

Loan 1 of 2

Gross approval: $57,000
SBA guaranteed: $28,500 (50%)
Status: Paid in full
Rate at approval: 5.75% f
Term: 60 mo (5 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/31/2020
First disbursement: 2/29/2020
Days to fund: 29 days
Paid in full: 6/30/2021
Collateral: Required
Jobs supported: 11
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Residential Remodelers
NAICS code: 236118
Lender: Salem Five Cents Savings Bank
Address: 37 R Elliott Street
City: Danvers
County: Essex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

$50,000 — FY2020

Loan 2 of 2

Gross approval: $50,000
SBA guaranteed: $25,000 (50%)
Status: Current
Rate at approval: 6.75% v
Term: 119 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/31/2020
First disbursement: 2/29/2020
Days to fund: 29 days
Collateral: Required
Jobs supported: 11
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Residential Remodelers
NAICS code: 236118
Lender: Salem Five Cents Savings Bank
Address: 37 R Elliott Street
City: Danvers
County: Essex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

The lender

Salem Five Cents Savings Bank

2 loans to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding residential remodelers — by location, industry.

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

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Agent summary

This page summarizes the public SBA 7(a) lending record for Cross Construction, LLC in Danvers, MA (Residential Remodelers). 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.

2 SBA 7(a) loans totaling $107K
On record FY2020
22 jobs supported
Industry: Residential Remodelers
Location: Danvers, MA
Lender: Salem Five Cents Savings Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Residential Remodelers businesses in MA for ~$54k 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/cross-construction-llc-ma
API:: https://www.capbench.com/api/public/businesses/cross-construction-llc-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.

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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 Cross Construction, LLC.