SBA lending record
Nor'easter Medical LLC
2 PINE GROVE AVE, Lincoln, RI · Medical, Dental, and Hospital Equipment and Supplies Merchan. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$731K
Total SBA financing
3
Loans on record
FY2020–25
On record
3
Jobs supported
Is Nor'easter Medical LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
All 3 loans
$75,000 — FY2025
Loan 1 of 3- Gross approval
- $75,000
- SBA guaranteed
- $37,500 (50%)
- Status
- Paid in full
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/12/2024
- First disbursement
- 12/30/2024
- Days to fund
- 18 days
- Paid in full
- 2/28/2026
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Medical, Dental, and Hospital Equipment and Supplies Merchan
- NAICS code
- 423450
- Address
- 2 PINE GROVE AVE
- City
- Lincoln
- County
- Providence
- SBA district office
- RHODE ISLAND DISTRICT OFFICE
- Congressional district
- 1
$581,000 — FY2020
Loan 2 of 3- Gross approval
- $581,000
- SBA guaranteed
- $435,750 (75%)
- Status
- Paid in full
- Rate at approval
- 7.5% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 10/31/2019
- First disbursement
- 11/30/2019
- Days to fund
- 30 days
- Paid in full
- 4/30/2025
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Medical, Dental, and Hospital Equipment and Supplies Merchan
- NAICS code
- 423450
- Address
- 2 PINE GROVE AVE
- City
- Lincoln
- County
- Providence
- SBA district office
- RHODE ISLAND DISTRICT OFFICE
- Congressional district
- 1
$75,000 — FY2020
Loan 3 of 3- Gross approval
- $75,000
- SBA guaranteed
- $37,500 (50%)
- Status
- Paid in full
- Rate at approval
- 6.75% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/26/2019
- First disbursement
- 1/8/2020
- Days to fund
- 13 days
- Paid in full
- 9/30/2025
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Medical, Dental, and Hospital Equipment and Supplies Merchan
- NAICS code
- 423450
- Address
- 2 PINE GROVE AVE
- City
- Lincoln
- County
- Providence
- SBA district office
- RHODE ISLAND DISTRICT OFFICE
- Congressional district
- 1
The lender
Citizens Bank, National Association
3 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding medical, dental, and hospital equipment and supplies merchan — by location, industry.
Similar businesses
Comparable medical, dental, and hospital equipment and supplies merchan in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
SUMMIT INTERNATIONAL MEDICAL TECHNOLOGIES, INC.
Franklin, MA· ~8 mi
Medical, Dental, and Hospital Equipment and Supplies Merchan
- $450K
- SBA financing
- ≈ $882K–$1.5M
- Est. revenue (rough)
NEW ENGLAND SURGICAL CENTER INC
Cranston, RI· ~12 mi
Medical, Dental, and Hospital Equipment and Supplies Merchan
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
Jayco MedSupply
Cranston, RI· ~12 mi
Medical, Dental, and Hospital Equipment and Supplies Merchan
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Nerves and Bones, Inc
Providence, RI· ~9 mi
Medical, Dental, and Hospital Equipment and Supplies Merchan
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
CORNELL ORTHOTICS & PROSTHETICS, INC.
Beverly, MA
Medical, Dental, and Hospital Equipment and Supplies Merchan
- $865K
- SBA financing
- ≈ $1.7M–$2.8M
- Est. revenue (rough)
STERLING MEDICAL, LLC
Milford, CT· ~96 mi
Medical, Dental, and Hospital Equipment and Supplies Merchan
- $491K
- SBA financing
- ≈ $964K–$1.6M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Nor'easter Medical LLC in Lincoln, RI (Medical, Dental, and Hospital Equipment and Supplies Merchan). 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 $731K
- On record FY2020–25
- 3 jobs supported
- Industry: Medical, Dental, and Hospital Equipment and Supplies Merchan
- Location: Lincoln, RI
- Lender: Citizens Bank, National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Medical, Dental, and Hospital Equipment and Supplies Merchan businesses in RI for ~$244k 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 2026-06-20.
- 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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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Nor'easter Medical LLC.