SBA Loans in Spencer, MA

Explore recent SBA 7(a) and 504 lending activity in Spencer. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

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Total SBA loans

all programs

Approved $

$10.2M

last 24 months

Avg loan

$196K

median $245K

Active lenders

approved here

Jobs supported

261

cumulative

Loan activity map

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SPENCER · 52 LOANS

Top lenders in Spencer

Cornerstone Bank

Bank of America, National Association

Wells Fargo Bank National Association

North Brookfield Savings Bank

TD Bank, National Association

bankHometown

Top industries in Spencer

All Other Transit and Ground Passenger Transportation

"Automotive Body, Paint, and Interior Repair and Maintenance"

All Other Miscellaneous Textile Product Mills

Beer, Wine, and Liquor Retailers

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

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Loan records · Spencer, MA

52 records

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Borrower

Location

Program

Industry

AHEARN EQUIPMENT, INC.Wells Fargo Bank National Association

Spencer, MA

$1,664,300

$333K

7(a)

Outdoor Power Equipment Retailers

2022-03-16

Acton Bowladrome Enterprise, Inc.Wells Fargo Bank National Association

Spencer, MA

$1,067,200

$89K

7(a)

All Other Amusement and Recreation Industries

2023-12-31

Ted's 3X, Inc.Webster Five Cents Savings Bank

Spencer, MA

$900,000

$60K

7(a)

Beer, Wine, and Liquor Retailers

2022-08-09

JUPITER LEASING CORP/4B DEV.GE Capital Small Business Finance Corporation

Spencer, MA

$725,000

—

7(a)

Excavation Contractors

2000-01-20

AWT Family LLC Wells Fargo Bank National Association

Spencer, MA

$668,000

$29K

7(a)

Homes for the Elderly

2010-12-21

Ted's 3X, Inc.Worcester Business Development Corporation

Spencer, MA

$517,000

$259K

504

Beer, Wine, and Liquor Retailers

2022-06-15

Sheena’s Salon & Spa, Inc.Fund-Ex Solutions Group, LLC

Spencer, MA

$467,000

$117K

7(a)

Lessors of Nonresidential Buildings (except Miniwarehouses)

2021-02-15

DL & SONS LLC Granite State Economic Development Corporation

Spencer, MA

$401,000

$100K

504

Other Commercial Equipment Merchant Wholesalers

2020-08-01

Lucier Real Estate Holdings, LLC KeyBank National Association

Spencer, MA

$375,000

$188K

7(a)

"Automotive Body, Paint, and Interior Repair and Maintenance"

2017-07-25

M.E. SMITH, INC.Cornerstone Bank

Spencer, MA

$350,000

$25K

7(a)

Water and Sewer Line and Related Structures Construction

2015-04-03

Commonwealth Moving & Storage Inc.New England Certified Development Corporation

Spencer, MA

$206,000

$34K

504

Used Household and Office Goods Moving

2002-01-29

TAGGIES INC Bank of America, National Association

Spencer, MA

$200,000

$8K

7(a)

Doll and Stuffed Toy Manufacturing

2004-07-22

REBECCA JANE POND bankHometown

Spencer, MA

$177,000

$35K

7(a)

Pet Care (except Veterinary) Services

2015-04-30

NESTCO TD Bank, National Association

Spencer, MA

$150,000

—

7(a)

Turbine and Turbine Generator Set Units Manufacturing

2001-07-11

C&G Embroidery, Inc.Cornerstone Bank

Spencer, MA

$131,100

$26K

7(a)

All Other Miscellaneous Textile Product Mills

2008-10-02

JYL Transportation, Inc Cornerstone Bank

Spencer, MA

$124,000

—

7(a)

All Other Transit and Ground Passenger Transportation

2013-02-28

JYL Transportation, Inc Cornerstone Bank

Spencer, MA

$124,000

—

7(a)

All Other Transit and Ground Passenger Transportation

2013-03-15

AHEARN EQUIPMENT INC Business Loan Center, LLC

Spencer, MA

$117,000

—

7(a)

—

1992-11-05

Shaun Richard CPA, P.C.Bay Colony Development Corporation

Spencer, MA

$113,000

$57K

504

Offices of Certified Public Accountants

2020-08-09

Spencer Cleaners Manufacturers and Traders Trust Company

Spencer, MA

$112,000

$112K

7(a)

Coin-Operated Laundries and Drycleaners

2007-06-06

Pillsbury Funeral Home, Inc.New England Certified Development Corporation

Spencer, MA

$108,000

$108K

504

Funeral Homes and Funeral Services

2017-06-16

M.E. SMITH, INC.TD Bank, National Association

Spencer, MA

$100,000

$13K

7(a)

Water and Sewer Line and Related Structures Construction

2018-05-10

JYL Transportation, Inc Cornerstone Bank

Spencer, MA

$100,000

$17K

7(a)

All Other Transit and Ground Passenger Transportation

2014-01-08

Vincent Strzelecki, Sr.North Brookfield Savings Bank

Spencer, MA

$100,000

$100K

7(a)

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

2021-04-28

Fabricating & Production Machinery, Inc.Cornerstone Bank

Spencer, MA

$100,000

$33K

7(a)

Industrial Machinery and Equipment Merchant Wholesalers

2013-04-25

AHEARN EQUIPMENT, INC.

Spencer, MA

$1,664,300

7(a)

Wells Fargo Bank National Association$333K/job · 2022-03-16

Acton Bowladrome Enterprise, Inc.

Spencer, MA

$1,067,200

7(a)

Wells Fargo Bank National Association$89K/job · 2023-12-31

Webster Five Cents Savings Bank$60K/job · 2022-08-09

JUPITER LEASING CORP/4B DEV.

Spencer, MA

$725,000

7(a)

GE Capital Small Business Finance Corporation2000-01-20

Wells Fargo Bank National Association$29K/job · 2010-12-21

Worcester Business Development Corporation$259K/job · 2022-06-15

Sheena’s Salon & Spa, Inc.

Spencer, MA

$467,000

7(a)

Fund-Ex Solutions Group, LLC$117K/job · 2021-02-15

Granite State Economic Development Corporation$100K/job · 2020-08-01

Lucier Real Estate Holdings, LLC

Spencer, MA

$375,000

7(a)

KeyBank National Association$188K/job · 2017-07-25

Cornerstone Bank$25K/job · 2015-04-03

Commonwealth Moving & Storage Inc.

Spencer, MA

$206,000

504

New England Certified Development Corporation$34K/job · 2002-01-29

Bank of America, National Association$8K/job · 2004-07-22

bankHometown$35K/job · 2015-04-30

TD Bank, National Association2001-07-11

Cornerstone Bank$26K/job · 2008-10-02

JYL Transportation, Inc

Spencer, MA

$124,000

7(a)

Cornerstone Bank2013-02-28

JYL Transportation, Inc

Spencer, MA

$124,000

7(a)

Cornerstone Bank2013-03-15

Business Loan Center, LLC1992-11-05

Shaun Richard CPA, P.C.

Spencer, MA

$113,000

504

Bay Colony Development Corporation$57K/job · 2020-08-09

Manufacturers and Traders Trust Company$112K/job · 2007-06-06

Pillsbury Funeral Home, Inc.

Spencer, MA

$108,000

504

New England Certified Development Corporation$108K/job · 2017-06-16

TD Bank, National Association$13K/job · 2018-05-10

JYL Transportation, Inc

Spencer, MA

$100,000

7(a)

Cornerstone Bank$17K/job · 2014-01-08

Vincent Strzelecki, Sr.

Spencer, MA

$100,000

7(a)

North Brookfield Savings Bank$100K/job · 2021-04-28

Fabricating & Production Machinery, Inc.

Spencer, MA

$100,000

7(a)

Cornerstone Bank$33K/job · 2013-04-25

1–25 of 52

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