Marcs Lewis Tennis Center, Inc.
Marcs Lewis Tennis Center, Inc. is a fitness and recreational sports center in Acton, Massachusetts. It was approved for an SBA 504 loan with an SBA portion of $2,262,000, arranged through Rockland Trust Company and Bay Colony Development Corporation, with an approval date of June 18, 2025.
SBA 504 loan, approved Jun 18, 2025
$2,262,000 SBA portionCDC: Bay Colony Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,262,000
- Bank portion
- $3,376,750
- Estimated project size
- $6,265,278 (estimated)
- Estimated owner equity
- $626,528 (estimated, about 10% of the project)
- Bank lender
- Rockland Trust Company, Rockland, MA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 18, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Project location
- Middlesex County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-3
- Collateral
- Yes
Estimated share of project by source
Bank 54% SBA (CDC) 36% Owner 10%
- Larger than 63% of expansion loans in Fitness and Recreational Sports Centers on this site.
- Average expansion loan in Fitness and Recreational Sports Centers: $2,194,028.
- 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.
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