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SBA lending record

Hydro-Quip, Inc.

108 Pond Street, Seekonk, MA · Other Direct Selling Establishments. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$400K

Total SBA financing

3

Loans on record

FY2021

On record

28

Jobs supported

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All 3 loans

$150,000 — FY2021

Loan 1 of 3
Gross approval
$150,000
SBA guaranteed
$135,000 (90%)
Status
Paid in full
Rate at approval
2% f
Term
120 mo (10 yr)
Program
Community Advantage Initiative
Subprogram
Community Advantage Initiative
Loan type
Term loan
Purpose
Other / working capital
Approved
2/22/2021
First disbursement
3/31/2021
Days to fund
37 days
Paid in full
9/30/2023
Collateral
Required
Jobs supported
10
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Other Direct Selling Establishments
NAICS code
454390
Address
108 Pond Street
City
Seekonk
County
Bristol
SBA district office
MASSACHUSETTS DISTRICT OFFICE
Congressional district
4

$150,000 — FY2021

Loan 2 of 3
Gross approval
$150,000
SBA guaranteed
$75,000 (50%)
Status
Current
Rate at approval
4.5% f
Term
84 mo (7 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
12/3/2020
First disbursement
2/18/2021
Days to fund
77 days
Collateral
Required
Jobs supported
9
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Other Direct Selling Establishments
NAICS code
454390
Address
108 Pond Street
City
Seekonk
County
Bristol
SBA district office
MASSACHUSETTS DISTRICT OFFICE
Congressional district
4

$100,000 — FY2021

Loan 3 of 3
Gross approval
$100,000
SBA guaranteed
$50,000 (50%)
Status
Current
Rate at approval
4.5% v
Term
120 mo (10 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
12/3/2020
First disbursement
12/3/2020
Days to fund
0 days
Collateral
Required
Jobs supported
9
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Other Direct Selling Establishments
NAICS code
454390
Address
108 Pond Street
City
Seekonk
County
Bristol
SBA district office
MASSACHUSETTS DISTRICT OFFICE
Congressional district
4

The lenders

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Agent summary

This page summarizes the public SBA 7(a) lending record for Hydro-Quip, Inc. in Seekonk, MA (Other Direct Selling Establishments). 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 $400K
  • On record FY2021
  • 28 jobs supported
  • Industry: Other Direct Selling Establishments
  • Location: Seekonk, MA
  • Lenders: Fall River Five Cents Savings Bank d/b/a BankFive, South Eastern Economic Development Corporation

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Direct Selling Establishments businesses in MA for ~$133k 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 2026-06-17.
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 Hydro-Quip, Inc..

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