SBA lending record
Parlee Composites, Inc.
69 FEDERAL ST, Beverly, MA · Motorcycle, Bicycle, and Parts Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$600K
Total SBA financing
1
Loan on record
FY2024
On record
10
Jobs supported
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The loan
$600,000 — FY2024
- Gross approval
- $600,000
- SBA guaranteed
- $540,000 (90%)
- Status
- Paid in full
- Rate at approval
- 10% v
- Term
- 60 mo (5 yr)
- Program
- International Trade Loans
- Subprogram
- International Trade - Sec, 7(a
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/23/2024
- First disbursement
- 5/24/2024
- Days to fund
- 62 days
- Paid in full
- 10/31/2025
- Collateral
- Required
- Jobs supported
- 10
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Motorcycle, Bicycle, and Parts Manufacturing
- NAICS code
- 336991
- Address
- 69 FEDERAL ST
- City
- Beverly
- County
- Essex
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 6
The lender
Salem Five Cents Savings Bank
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 motorcycle, bicycle, and parts manufacturing — by location, industry.
Similar businesses
Comparable motorcycle, bicycle, and parts manufacturing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Firefly Bicycles LLC
Melrose, MA· ~12 mi
Motorcycle, Bicycle, and Parts Manufacturing
- $723K
- SBA financing
- ≈ $1.4M–$2.4M
- Est. revenue (rough)
CSW VISIONS LLC
Monroe Township, NJ· ~236 mi
Motorcycle, Bicycle, and Parts Manufacturing
- $550K
- SBA financing
- ≈ $1.1M–$1.8M
- Est. revenue (rough)
PRESTACYCLE, LLC
Rexford, NY· ~152 mi
Motorcycle, Bicycle, and Parts Manufacturing
- $1.1M
- SBA financing
- ≈ $2.2M–$3.6M
- Est. revenue (rough)
Handz Fabrication LLC
Plaistow, NH· ~24 mi
Motorcycle, Bicycle, and Parts Manufacturing
- $37K
- SBA financing
- ≈ $72K–$120K
- Est. revenue (rough)
Shaka Surf Bikes
National City, CA· ~2587 mi
Motorcycle, Bicycle, and Parts Manufacturing
- $600K
- SBA financing
- ≈ $1.2M–$2.0M
- Est. revenue (rough)
MTC VOYAGER CORP.
Morris, IL· ~904 mi
Motorcycle, Bicycle, and Parts Manufacturing
- $630K
- SBA financing
- ≈ $1.2M–$2.1M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Parlee Composites, Inc. in Beverly, MA (Motorcycle, Bicycle, and Parts 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.
- 1 SBA 7(a) loan totaling $600K
- On record FY2024
- 10 jobs supported
- Industry: Motorcycle, Bicycle, and Parts Manufacturing
- Location: Beverly, MA
- Lender: Salem Five Cents Savings Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Motorcycle, Bicycle, and Parts Manufacturing businesses in MA for ~$600k 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 Parlee Composites, Inc..