Raymond James Restoration, Inc.
Raymond James Restoration, Inc. is a masonry contractor in Worcester, Massachusetts, operating in the masonry contractors industry (NAICS 238140). The company was financed through an SBA 504 loan to finance real estate or equipment, with an SBA portion of $1,277,000, a total project amount of $1,550,000, and a lender of Webster Five Cents Savings Bank, with the loan approved on January 8, 2026.
SBA 504 loan, approved Jan 8, 2026
$1,277,000 SBA portionCDC: Worcester Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,277,000
- Bank portion
- $1,550,000
- Estimated project size
- $3,141,111 (estimated)
- Estimated owner equity
- $314,111 (estimated, about 10% of the project)
- Bank lender
- Webster Five Cents Savings Bank, Webster, MA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 8, 2051 (estimated, approval date plus term)
- First disbursement
- Mar 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 238140, Masonry Contractors
- Project location
- Worcester County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Masonry Contractors: $1,915,667.
- 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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