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SBA lending record

261 SRC LLC

12 Quarry Ln # 3407, Malden, MA · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$500K

Total SBA financing

1

Loan on record

FY2020

On record

30

Jobs supported

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The loan

$500,000 — FY2020

Gross approval: $500,000
SBA guaranteed: $375,000 (75%)
Status: Current
Rate at approval: 5.25% f
Term: 107 mo (9 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/8/2020
First disbursement: 5/31/2020
Days to fund: 144 days
Collateral: Required
Jobs supported: 30
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Eastern Bank
Address: 12 Quarry Ln # 3407
City: Malden
County: Middlesex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 5

The lender

Eastern Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding full-service restaurants — by location, industry.

SBA lenders in Massachusetts Lenders for full-service restaurants Full-Service Restaurants lenders in Massachusetts

Similar businesses

Comparable full-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

VLLADESI INC

Revere, MA· ~3 mi

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$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

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THE COMFORT COLLECTIVE LLC

Allston, MA· ~7 mi

Full-Service Restaurants

$500K
SBA financing: ≈ $980K–$1.6M
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URBAN HEARTH, LLC

Cambridge, MA· ~6 mi

Full-Service Restaurants

$500K
SBA financing: ≈ $980K–$1.6M
Est. revenue (rough)

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65 GOODRIDGE LLC

Lynn, MA· ~5 mi

Full-Service Restaurants

$450K
SBA financing: ≈ $882K–$1.5M
Est. revenue (rough)

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New England Neapolitan Assembly Row LLC

Somerville, MA· ~4 mi

Full-Service Restaurants

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

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Boston Amici Group Inc

East Boston, MA· ~5 mi

Full-Service Restaurants

$390K
SBA financing: ≈ $765K–$1.3M
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for 261 SRC LLC in Malden, MA (Full-Service Restaurants). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $500K
On record FY2020
30 jobs supported
Industry: Full-Service Restaurants
Location: Malden, MA
Lender: Eastern Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in MA for ~$500k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/261-src-llc-ma
API:: https://dealroom.so/api/public/businesses/261-src-llc-ma
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with 261 SRC LLC.