2632 Boston Road, LLC
2632 Boston Road, LLC is an optometry office in Wilbraham, Massachusetts, classified under NAICS 621320 (Offices of Optometrists). The company financed real estate or equipment through an SBA 504 loan of $1,228,000, approved on January 30, 2025, through Holyoke Credit Union with Granite State Economic Development Corporation as the certified development company.
SBA 504 loan, approved Jan 30, 2025
$1,228,000 SBA portionCDC: Granite State Economic Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,228,000
- Bank portion
- $1,502,500
- Estimated project size
- $3,033,889 (estimated)
- Estimated owner equity
- $303,389 (estimated, about 10% of the project)
- Bank lender
- Holyoke CU, Holyoke, MA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 30, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 621320, Offices of Optometrists
- Project location
- Hampden County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-1
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Average expansion loan in Offices of Optometrists: $1,726,500.
- Average expansion loan in Massachusetts: $2,009,683.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Massachusetts
- Happy Newton Eyes LLC, Newton Upper Falls