SBA lending record

CrossTek Membrane Technology LLC

900 Technology Park Drive, Suite 100, Billerica, MA · Water Supply and Irrigation Systems. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$3.9M

Total SBA financing

Loans on record

FY2021–23

On record

Jobs supported

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All 6 loans

$1,391,400 — FY2023

Loan 1 of 6

Gross approval: $1,391,400
SBA guaranteed: $1,043,550 (75%)
Status: Cancelled
Rate at approval: 10.5% v
Term: 30 mo (3 yr)
Program: Standard Asset Base Working Capital Line
Subprogram: Standard Asset Based
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/24/2023
Collateral: Required
Jobs supported: 10
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: All Other Miscellaneous Manufacturing
NAICS code: 339999
Lender: Eastern Bank
Address: 900 TECHNOLOGY PARK DR SUITE 100
City: Billerica
County: Middlesex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

$1,391,400 — FY2023

Loan 2 of 6

Gross approval: $1,391,400
SBA guaranteed: $1,043,550 (75%)
Status: Cancelled
Rate at approval: 10.5% v
Term: 30 mo (3 yr)
Program: Standard Asset Base Working Capital Line
Subprogram: Standard Asset Based
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/24/2023
Collateral: Required
Jobs supported: 10
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: All Other Miscellaneous Manufacturing
NAICS code: 339999
Lender: Eastern Bank
Address: 900 TECHNOLOGY PARK DR SUITE 100
City: Billerica
County: Middlesex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

$350,000 — FY2023

Loan 3 of 6

Gross approval: $350,000
SBA guaranteed: $262,500 (75%)
Status: Cancelled
Rate at approval: 8.5% v
Term: 60 mo (5 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/29/2023
Collateral: Required
Jobs supported: 10
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: All Other Miscellaneous Manufacturing
NAICS code: 339999
Lender: Eastern Bank
Address: 900 TECHNOLOGY PARK DR SUITE 100
City: Billerica
County: Middlesex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

$128,000 — FY2022

Loan 4 of 6

Gross approval: $128,000
SBA guaranteed: $108,800 (85%)
Status: Paid in full
Rate at approval: 5.25% v
Term: 6 mo (1 yr)
Program: Contract Loan Line of Credit (CAPLine)
Subprogram: Contract Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/28/2021
First disbursement: 10/31/2021
Days to fund: 3 days
Paid in full: 4/30/2022
Collateral: None
Jobs supported: 3
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Water Supply and Irrigation Systems
NAICS code: 221310
Lender: Eastern Bank
Address: 900 Technology Park Dr Ste 100
City: Billerica
County: Middlesex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

$500,000 — FY2021

Loan 5 of 6

Gross approval: $500,000
SBA guaranteed: $375,000 (75%)
Status: Paid in full
Rate at approval: 5% v
Term: 120 mo (10 yr)
Program: Export Express
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/8/2021
First disbursement: 8/12/2021
Days to fund: 126 days
Paid in full: 2/28/2025
Collateral: None
Jobs supported: 3
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Water Supply and Irrigation Systems
NAICS code: 221310
Lender: Eastern Bank
Address: 900 Technology Park Drive, Suite 100
City: Billerica
County: Middlesex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

$160,000 — FY2021

Loan 6 of 6

Gross approval: $160,000
SBA guaranteed: $120,000 (75%)
Status: Paid in full
Rate at approval: 4.25% f
Term: 60 mo (5 yr)
Program: Export Express
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/8/2021
First disbursement: 4/30/2021
Days to fund: 22 days
Paid in full: 2/28/2025
Collateral: None
Jobs supported: 2
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Water Supply and Irrigation Systems
NAICS code: 221310
Lender: Eastern Bank
Address: 900 Technology Park Drive, Suite 100
City: Billerica
County: Middlesex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

The lender

Eastern Bank

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

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The banks most active funding water supply and irrigation systems — by location, industry.

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Agent summary

This page summarizes the public SBA 7(a) lending record for CrossTek Membrane Technology LLC in Billerica, MA (Water Supply and Irrigation Systems). 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.

6 SBA 7(a) loans totaling $3.9M
On record FY2021–23
38 jobs supported
Industry: Water Supply and Irrigation Systems
Location: Billerica, MA
Lender: Eastern Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Water Supply and Irrigation Systems businesses in MA for ~$653k 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 2026-06-18.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/crosstek-membrane-technology-llc-ma
API:: https://www.capbench.com/api/public/businesses/crosstek-membrane-technology-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 CrossTek Membrane Technology LLC.