SBA lending record
ELECTRONIC ASSEMBLIES MFG INC
126 MERRIMACK ST, Methuen, MA · Other Communication and Energy Wire Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.3M
Total SBA financing
2
Loans on record
FY2022–23
On record
50
Jobs supported
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All 2 loans
$300,000 — FY2023
Loan 1 of 2- Gross approval
- $300,000
- SBA guaranteed
- $150,000 (50%)
- Status
- Current
- Rate at approval
- 2.99% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/23/2022
- First disbursement
- 11/28/2022
- Days to fund
- 5 days
- Collateral
- None
- Jobs supported
- 20
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Other Communication and Energy Wire Manufacturing
- NAICS code
- 335929
- Address
- 126 MERRIMACK ST
- City
- Methuen
- County
- Essex
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 2
$1,027,000 — FY2022
Loan 2 of 2- Gross approval
- $1,027,000
- SBA guaranteed
- $770,250 (75%)
- Status
- Current
- Rate at approval
- 3.24% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/16/2022
- First disbursement
- 8/19/2022
- Days to fund
- 3 days
- Collateral
- Required
- Jobs supported
- 30
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Other Communication and Energy Wire Manufacturing
- NAICS code
- 335929
- Address
- 126 MERRIMACK ST
- City
- Methuen
- County
- Essex
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 2
The lender
Bank of America, National Association
2 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding other communication and energy wire manufacturing — by location, industry.
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Comparable other communication and energy wire manufacturing 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 ELECTRONIC ASSEMBLIES MFG INC in Methuen, MA (Other Communication and Energy Wire Manufacturing). 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 $1.3M
- On record FY2022–23
- 50 jobs supported
- Industry: Other Communication and Energy Wire Manufacturing
- Location: Methuen, MA
- Lender: Bank of America, National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Communication and Energy Wire Manufacturing businesses in MA for ~$664k 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 2026-06-18.
- 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.
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