SBA lending record

Piffco, Inc.

297 Rantoul St, Beverly, MA · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$500K

Total SBA financing

Loans on record

FY2021

On record

Jobs supported

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All 2 loans

$25,000 — FY2021

Loan 1 of 2

Gross approval: $25,000
SBA guaranteed: $18,750 (75%)
Status: Current
Rate at approval: 4.25% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/17/2021
First disbursement: 9/30/2021
Days to fund: 13 days
Collateral: None
Jobs supported: 48
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Eastern Bank
Address: 297 Rantoul St
City: Beverly
County: Essex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

$475,000 — FY2021

Loan 2 of 2

Gross approval: $475,000
SBA guaranteed: $427,500 (90%)
Status: Current
Rate at approval: 5.25% f
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/17/2021
First disbursement: 9/30/2021
Days to fund: 13 days
Collateral: None
Jobs supported: 48
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Eastern Bank
Address: 297 Rantoul St
City: Beverly
County: Essex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

The lender

Eastern Bank

2 loans to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding full-service restaurants — by location, industry.

SBA lenders in Massachusetts Lenders for full-service restaurants Full-Service Restaurants lenders in Massachusetts

Similar businesses

Comparable full-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Multiversity Partners LLC

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SBA financing: ≈ $853K–$1.4M
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SBA financing: ≈ $686K–$1.1M
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Gregs Tavern LLC

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$320K
SBA financing: ≈ $627K–$1.0M
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65 GOODRIDGE LLC

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Full-Service Restaurants

$450K
SBA financing: ≈ $882K–$1.5M
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Bleta-Cotti, Inc.

Danvers, MA· ~3 mi

Full-Service Restaurants

$375K
SBA financing: ≈ $735K–$1.2M
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Arniko Inc

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$290K
SBA financing: ≈ $569K–$948K
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Agent summary

This page summarizes the public SBA 7(a) lending record for Piffco, Inc. in Beverly, MA (Full-Service Restaurants). 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 $500K
On record FY2021
96 jobs supported
Industry: Full-Service Restaurants
Location: Beverly, MA
Lender: Eastern Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in MA for ~$250k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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.
Canonical:: https://www.capbench.com/businesses/piffco-inc-ma
API:: https://www.capbench.com/api/public/businesses/piffco-inc-ma
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 Piffco, Inc..