Financing a engineering services acquisition in Massachusetts

State:

Alabama (1)Arizona (2)California (27)Colorado (4)Connecticut (1)District of Columbia (1)Florida (23)Georgia (4)Hawaii (2)Idaho (6)Illinois (2)Indiana (2)

The SBA 7(a) lenders funding the most engineering services acquisitions in Massachusetts, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.

Deal economics— what it takes to buy & finance engineering services in Massachusetts

$1.09M

Typical loan

range $200K–$1.16M

$1.21M

Est. purchase price

≈ loan ÷ 90%

$165,769

Cash to close

$120,889 down + fees

$14,228/mo

Typical payment

~9.75% · 10yr

$196,346/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

26 days

Typical time to fund

Lenders competing

more = leverage

7.04%

Avg rate on record

cap ~10.00%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active in engineering services · Massachusetts

Ranked by funded engineering services acquisitions in Massachusetts. Tap a lender for its full record, or hit Get in touch for an introduction.

1.2,539 loans · $965M · Columbus, OHFull record →
2.16 loans · $14M · Arlington, MAFull record →
3.3 loans · $2M · Woburn, MAFull record →
4.85 loans · $36M · Waterbury, CTFull record →
5.1,322 loans · $185M · Wilmington, DEFull record →
6.19 loans · $5M · Salem, MAFull record →

7+ funded Engineering Services in Massachusetts deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

Lombardo Associates, Inc. in Boston, MA — $1.1M (2026) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
8.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$816K (75%)
Approved
3/13/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
3
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$1.2M
Est. down payment (10%)
$121K
Est. cash at closing
$166K
Monthly payment
$13,490
Annual debt service
$162K
Cash flow needed (1.25×)
$202K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Lombardo Associates, Inc. in Boston, MA — $100K (2026) · purchase · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
8.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$50K (50%)
Approved
3/13/2026
Loan status
Committed
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
3
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$111K
Est. down payment (10%)
$11K
Est. cash at closing
$14K
Monthly payment
$1,240
Annual debt service
$15K
Cash flow needed (1.25×)
$19K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Allen & Major Associates, Inc. in Woburn, MA — $4.4M (2025) · purchase · Northern Bank and Trust Company
Program
Preferred Lenders Program
Rate at approval
8.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$3.3M (75%)
Approval → funding
13 days
Approved
12/20/2024
First disbursed
1/2/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
37
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$4.9M
Est. down payment (10%)
$494K
Est. cash at closing
$683K
Monthly payment
$55,143
Annual debt service
$662K
Cash flow needed (1.25×)
$827K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Northern Bank and Trust Company · Lender record →
Your business? Claim this record · Request removal
Farland Corporation, Inc. in Fairhaven, MA — $1.2M (2025) · purchase · Leader Bank, National Association
Program
Preferred Lenders Program
Rate at approval
9.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$869K (75%)
Approved
9/26/2025
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
70
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$1.3M
Est. down payment (10%)
$129K
Est. cash at closing
$177K
Monthly payment
$14,839
Annual debt service
$178K
Cash flow needed (1.25×)
$223K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Leader Bank, National Association · Lender record →
Your business? Claim this record · Request removal
Atlas Innovative Services, Inc. in Pembroke, MA — $1.2M (2021) · purchase · Salem Five Cents Savings Bank
Program
Preferred Lenders Program
Rate at approval
4% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$866K (75%)
Approved
8/6/2021
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
24
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$1.3M
Est. down payment (10%)
$128K
Est. cash at closing
$176K
Monthly payment
$15,787
Annual debt service
$189K
Cash flow needed (1.25×)
$237K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Salem Five Cents Savings Bank · Lender record →
Your business? Claim this record · Request removal
Precision Design Engineering Corporation in Wareham, MA — $965K (2020) · purchase · Webster Bank National Association
Program
Preferred Lenders Program
Rate at approval
5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$724K (75%)
Approval → funding
26 days
Approved
12/5/2019
First disbursed
12/31/2019
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$1.1M
Est. down payment (10%)
$107K
Est. cash at closing
$147K
Monthly payment
$10,233
Annual debt service
$123K
Cash flow needed (1.25×)
$153K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Webster Bank National Association · Lender record →
Your business? Claim this record · Request removal
PB&A Manufacturing, Inc. in Franklin, MA — $200K (2020) · purchase · TD Bank, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
5.5% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$100K (50%)
Approval → funding
30 days
Approved
1/30/2020
First disbursed
2/29/2020
Loan status
Paid in full (12/31/2021)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
8
Business age
Change of Ownership
Industry
Engineering Services
If you were the buyer here
Est. deal size
$222K
Est. down payment (10%)
$22K
Est. cash at closing
$30K
Monthly payment
$2,874
Annual debt service
$34K
Cash flow needed (1.25×)
$43K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by TD Bank, National Association · Lender record →
Your business? Claim this record · Request removal

Financing a engineering services deal in Massachusetts? Start with the right lender

We'll point you to the SBA lenders already funding your industry in your state — and help you make them compete on rate and speed.

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.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to engineering services businesses with a Massachusetts project address.

Agent summary

How to finance a engineering services acquisition in Massachusetts with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Massachusetts deals. The Huntington National Bank funds the most here. CapBench is not a lender.

$715K typical loan
6 lenders active in Massachusetts
7+ funded Massachusetts deals
26 days typical to fund

Buyers buying a engineering services in Massachusetts typically pre-qualify, then ask CapBench to introduce a lender active here — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker All engineering services lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-10-12.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/industry/engineering-services/massachusetts
API:: https://www.capbench.com/api/public/lenders?industry=engineering-services&state=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.