SBA lending record
Spectra Solutions, Inc.
1502 BOSTON PROVIDENCE TPKE, Norwood, MA · Research and Development in Biotechnology (except Nanobiotec. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$50K
Total SBA financing
1
Loan on record
FY2020
On record
1
Jobs supported
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The loan
$50,000 — FY2020
- Gross approval
- $50,000
- SBA guaranteed
- $25,000 (50%)
- Status
- Paid in full
- Rate at approval
- 4.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/16/2020
- First disbursement
- 2/28/2021
- Days to fund
- 318 days
- Paid in full
- 2/28/2026
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Research and Development in Biotechnology (except Nanobiotec
- NAICS code
- 541714
- Lender
- Needham Bank
- Address
- 1502 BOSTON PROVIDENCE TPKE
- City
- Norwood
- County
- Norfolk
- SBA district office
- MASSACHUSETTS DISTRICT OFFICE
- Congressional district
- 8
The lender
Find SBA lenders for businesses like this
The banks most active funding research and development in biotechnology (except nanobiotec — by location, industry.
Similar businesses
Comparable research and development in biotechnology (except nanobiotec in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
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Agent summary
This page summarizes the public SBA 7(a) lending record for Spectra Solutions, Inc. in Norwood, MA (Research and Development in Biotechnology (except Nanobiotec). 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 $50K
- On record FY2020
- 1 jobs supported
- Industry: Research and Development in Biotechnology (except Nanobiotec
- Location: Norwood, MA
- Lender: Needham Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Research and Development in Biotechnology (except Nanobiotec businesses in MA for ~$50k 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 Spectra Solutions, Inc..