SBA lending record
OTEC USA, Inc.
44 Cross Park Ave, North Kingstown, RI · Electroplating, Plating, Polishing, Anodizing, and Coloring. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$850K
Total SBA financing
2
Loans on record
FY2025
On record
19
Jobs supported
Is OTEC USA, Inc. 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 2 loans
$800,000 — FY2025
Loan 1 of 2- Gross approval
- $800,000
- SBA guaranteed
- $600,000 (75%)
- Status
- Current
- Rate at approval
- 7.8% f
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 10/8/2024
- First disbursement
- 10/30/2024
- Days to fund
- 22 days
- Collateral
- Required
- Jobs supported
- 10
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Electroplating, Plating, Polishing, Anodizing, and Coloring
- NAICS code
- 332813
- Lender
- Beacon Bank and Trust
- Address
- 44 Cross Park Ave
- City
- North Kingstown
- County
- Washington
- SBA district office
- RHODE ISLAND DISTRICT OFFICE
- Congressional district
- 2
$50,000 — FY2025
Loan 2 of 2- Gross approval
- $50,000
- SBA guaranteed
- $25,000 (50%)
- Status
- Committed
- Rate at approval
- 10% v
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/9/2024
- Collateral
- Required
- Jobs supported
- 9
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Electroplating, Plating, Polishing, Anodizing, and Coloring
- NAICS code
- 332813
- Lender
- Beacon Bank and Trust
- Address
- 44 Cross Park Ave
- City
- North Kingstown
- County
- Washington
- SBA district office
- RHODE ISLAND DISTRICT OFFICE
- Congressional district
- 2
The lender
Beacon Bank and Trust
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 electroplating, plating, polishing, anodizing, and coloring — by location, industry.
Similar businesses
Comparable electroplating, plating, polishing, anodizing, and coloring in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
New England Sandblasting LLC
Middleboro, MA· ~49 mi
Electroplating, Plating, Polishing, Anodizing, and Coloring
- $250K
- SBA financing
- ≈ $490K–$817K
- Est. revenue (rough)
Bruce H Properties LLC
Akron, OH· ~517 mi
Electroplating, Plating, Polishing, Anodizing, and Coloring
- $813K
- SBA financing
- ≈ $1.6M–$2.7M
- Est. revenue (rough)
Freedom Surface Blasting LLC
Hope, RI· ~25 mi
Electroplating, Plating, Polishing, Anodizing, and Coloring
- $60K
- SBA financing
- ≈ $117K–$195K
- Est. revenue (rough)
Akron Plating Company, LLC
Akron, OH· ~519 mi
Electroplating, Plating, Polishing, Anodizing, and Coloring
- $915K
- SBA financing
- ≈ $1.8M–$3.0M
- Est. revenue (rough)
Sandwisch Enterprises, Inc.
Toledo, OH· ~622 mi
Electroplating, Plating, Polishing, Anodizing, and Coloring
- $905K
- SBA financing
- ≈ $1.8M–$3.0M
- Est. revenue (rough)
NCP International Inc.
Westbury, NY· ~113 mi
Electroplating, Plating, Polishing, Anodizing, and Coloring
- $2.3M
- SBA financing
- ≈ $4.5M–$7.5M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for OTEC USA, Inc. in North Kingstown, RI (Electroplating, Plating, Polishing, Anodizing, and Coloring). 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 $850K
- On record FY2025
- 19 jobs supported
- Industry: Electroplating, Plating, Polishing, Anodizing, and Coloring
- Location: North Kingstown, RI
- Lender: Beacon Bank and Trust
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Electroplating, Plating, Polishing, Anodizing, and Coloring businesses in RI for ~$425k 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.
Is OTEC USA, Inc. your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with OTEC USA, Inc..