SBA lending record
Novas Enterprises LLC
36 Jaconett Street, Suite 106, Newton, MA · School and Employee Bus Transportation. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.8M
Total SBA financing
3
Loans on record
FY2022–25
On record
88
Jobs supported
Is Novas Enterprises 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
$794,000 — FY2025
Loan 1 of 3- Gross approval
- $794,000
- SBA guaranteed
- $595,500 (75%)
- Status
- Current
- Rate at approval
- 9.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/30/2025
- First disbursement
- 1/30/2026
- Days to fund
- 122 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 30
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Special Needs Transportation
- NAICS code
- 485991
- Address
- 10 MAZZEO DR STE 201F
- City
- Randolph
- County
- Norfolk
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 7
$1,008,400 — FY2022
Loan 2 of 3- Gross approval
- $1,008,400
- SBA guaranteed
- $756,300 (75%)
- Status
- Paid in full
- Rate at approval
- 6.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 3/22/2022
- First disbursement
- 3/31/2022
- Days to fund
- 9 days
- Paid in full
- 2/28/2026
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 29
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- School and Employee Bus Transportation
- NAICS code
- 485410
- Lender
- TowneBank
- Address
- 36 Jaconett Street, Suite 106
- City
- Newton
- County
- Middlesex
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 4
$35,000 — FY2022
Loan 3 of 3- Gross approval
- $35,000
- SBA guaranteed
- $17,500 (50%)
- Status
- Paid in full
- Rate at approval
- 6.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 3/23/2022
- First disbursement
- 4/27/2022
- Days to fund
- 35 days
- Paid in full
- 2/28/2026
- Collateral
- Required
- Jobs supported
- 29
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- School and Employee Bus Transportation
- NAICS code
- 485410
- Lender
- TowneBank
- Address
- 36 Jaconett Street, Suite 106
- City
- Newton
- County
- Middlesex
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 4
The lenders
Merchants Bank of Indiana
1 loan to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding school and employee bus transportation — by location, industry.
Similar businesses
Comparable school and employee bus transportation in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Adma Transportation LLC
Quincy, MA
School and Employee Bus Transportation
- $760K
- SBA financing
- ≈ $1.5M–$2.5M
- Est. revenue (rough)
STUDENT LOGISTICS LLC
Woburn, MA
School and Employee Bus Transportation
- $825K
- SBA financing
- ≈ $1.6M–$2.7M
- Est. revenue (rough)
Lucini Bus Lines, Inc.
Bridgewater, MA
School and Employee Bus Transportation
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
PN Transportation, LLC
Hyde Park, MA
School and Employee Bus Transportation
- $425K
- SBA financing
- ≈ $833K–$1.4M
- Est. revenue (rough)
JFK TRANSPORTATION, INC.
Natick, MA
School and Employee Bus Transportation
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
JJ Transportation, LLC
Hyde Park, MA
School and Employee Bus Transportation
- $25K
- SBA financing
- ≈ $49K–$82K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Novas Enterprises LLC in Newton, MA (School and Employee Bus Transportation). 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 $1.8M
- On record FY2022–25
- 88 jobs supported
- Industry: School and Employee Bus Transportation
- Location: Newton, MA
- Lenders: TowneBank, Merchants Bank of Indiana
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with School and Employee Bus Transportation businesses in MA for ~$612k 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.
- 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 Novas Enterprises LLC.