Main Street Registry

Ale Restaurant Corp

Abington, MA · Full-Service Restaurants · NAICS 722511

Ale Restaurant Corp is located in Abington, MA, and the SBA lists its industry as Full-Service Restaurants. It was approved for an SBA 7(a) loan of $1,350,000 for a change of ownership on November 18, 2025.

SBA 7(a) loan, change of ownership, approved Nov 18, 2025

Gross approval
$1,350,000
SBA-guaranteed amount
$1,012,500 (75% of the approval)
Lender
Rockland Trust Company, Rockland, MA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
6.75%, variable
Term
10 years (120 months)
Estimated maturity
November 18, 2035 (estimated, approval date plus term)
Estimated monthly payment
$15,501 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 9, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
71
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Plymouth County, MA
SBA district office
Massachusetts District Office
Congressional district
MA-08
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)

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.

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Same industry in Massachusetts