Five Star Plating, LLC
Five Star Plating, LLC is located in Methuen, MA, and the SBA lists its industry as Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers. It was approved for an SBA 504 loan ($3,396,000 SBA portion) on March 15, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Mar 15, 2024 | $3,396,000 | $4,150,000 | $8,384,444 (estimated) | Rockland Trust Company | Bay Colony Development Corporation | 25 years | 10 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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