SBA lending record
Simplicity MA LLC
249 UNION ST, Westfield, MA · Industrial Machinery and Equipment Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.0M
Total SBA financing
4
Loans on record
FY2020–22
On record
22
Jobs supported
Franchise brand
Komptech Americas LLC - Distribution Agreement
See Komptech Americas LLC - Distribution Agreement's SBA financing data — typical deal, failure rate, and how its loans perform →
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All 4 loans
$300,000 — FY2022
Loan 1 of 4- Gross approval
- $300,000
- SBA guaranteed
- $150,000 (50%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 5.75% v
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/9/2022
- First disbursement
- 2/9/2022
- Days to fund
- 0 days
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
- NAICS code
- 423830
- Address
- 2 AVON DR
- City
- Shrewsbury
- County
- Worcester
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 2
$2,310,000 — FY2020
Loan 2 of 4- Gross approval
- $2,310,000
- SBA guaranteed
- $1,732,500 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 7.25% f
- Term
- 65 mo (5 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 11/21/2019
- First disbursement
- 12/31/2019
- Days to fund
- 40 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 7
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
- NAICS code
- 423830
- Franchise
- Komptech Americas LLC - Distribution Agreement
- Franchise code
- S4597
- Address
- 249 UNION ST
- City
- Westfield
- County
- Hampden
- SBA district office
- SPRINGFIELD BRANCH OFFICE
- Congressional district
- 1
$200,000 — FY2020
Loan 3 of 4- Gross approval
- $200,000
- SBA guaranteed
- $100,000 (50%)
- Status
- Cancelled
- Rate at approval
- 7.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/12/2019
- Collateral
- Required
- Jobs supported
- 7
- Business type
- Corporation
- Business age
- Unanswered
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
- NAICS code
- 423830
- Address
- 249 UNION ST
- City
- Westfield
- County
- Hampden
- SBA district office
- SPRINGFIELD BRANCH OFFICE
- Congressional district
- 1
$200,000 — FY2020
Loan 4 of 4- Gross approval
- $200,000
- SBA guaranteed
- $100,000 (50%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 7.25% v
- Term
- 58 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/16/2019
- First disbursement
- 1/31/2020
- Days to fund
- 46 days
- Collateral
- Required
- Jobs supported
- 7
- Business type
- Corporation
- Business age
- Unanswered
- Industry
- Industrial Machinery and Equipment Merchant Wholesalers
- NAICS code
- 423830
- Franchise
- Komptech Americas LLC - Distribution Agreement
- Franchise code
- S4597
- Address
- 249 UNION STREET
- City
- Westfield
- County
- Hampden
- SBA district office
- SPRINGFIELD BRANCH OFFICE
- Congressional district
- 1
The lender
Citizens Bank, National Association
4 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding industrial machinery and equipment merchant wholesalers — by location, industry, and brand.
Similar businesses
Comparable industrial machinery and equipment merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Warner Specialty Products, Inc.
North Haven, CT· ~54 mi
Industrial Machinery and Equipment Merchant Wholesalers
- $1.8M
- SBA financing
- ≈ $3.5M–$5.8M
- Est. revenue (rough)
GRANITE STATE HARDWARE LLC
Manchester, NH· ~86 mi
Industrial Machinery and Equipment Merchant Wholesalers
- $2.8M
- SBA financing
- ≈ $5.5M–$9.2M
- Est. revenue (rough)
MKM Importers, LLC
Newington, CT
Industrial Machinery and Equipment Merchant Wholesalers
- $4.0M
- SBA financing
- ≈ $7.8M–$13M
- Est. revenue (rough)
JW REAL ESTATE
New Bedford, MA· ~98 mi
Industrial Machinery and Equipment Merchant Wholesalers
- $3.9M
- SBA financing
- ≈ $7.6M–$13M
- Est. revenue (rough)
TRG LAND DEVELOPMENT, LLC
Elmont, NY· ~110 mi
Industrial Machinery and Equipment Merchant Wholesalers
- $2.1M
- SBA financing
- ≈ $4.0M–$6.7M
- Est. revenue (rough)
Independent Components
West Hempstead, NY· ~109 mi
Industrial Machinery and Equipment Merchant Wholesalers
- $4.2M
- SBA financing
- ≈ $8.2M–$14M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Simplicity MA LLC in Westfield, MA (Industrial Machinery and Equipment Merchant Wholesalers). 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.
- 4 SBA 7(a) loans totaling $3.0M
- On record FY2020–22
- 22 jobs supported
- Industry: Industrial Machinery and Equipment Merchant Wholesalers
- Location: Westfield, MA
- Lender: Citizens Bank, National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Industrial Machinery and Equipment Merchant Wholesalers businesses in MA for ~$753k 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 Simplicity MA LLC.