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General Development, Inc. — SBA Loan Record (Wakefield, MA) | DealRoom

Intelligence/New Single-Family Housing Construction (except For-Sale Buil/MA

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SBA lending record

General Development, Inc.

427 Water St, Wakefield, MA · New Single-Family Housing Construction (except For-Sale Buil. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$350K

Total SBA financing

1

Loan on record

FY2025

On record

—

Jobs supported

Is General Development, Inc. your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$350,000 — FY2025

Gross approval: $350,000
SBA guaranteed: $175,000 (50%)
Status: Current
Rate at approval: 9.5% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/30/2025
First disbursement: 6/30/2025
Days to fund: 31 days
Collateral: Required
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: New Single-Family Housing Construction (except For-Sale Buil
NAICS code: 236115
Lender: Rockland Trust Company
Address: 427 Water St
City: Wakefield
County: Middlesex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

The lender

Rockland Trust Company

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 new single-family housing construction (except for-sale buil — by location, industry.

SBA lenders in Massachusetts Lenders for new single-family housing construction (except for-sale buil New Single-Family Housing Construction (except For-Sale Buil lenders in Massachusetts

Similar businesses

Comparable new single-family housing construction (except for-sale buil in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

SHAKE ARCHITECTURE CONSTRUCTION LLC

Boston, MA· ~10 mi

New Single-Family Housing Construction (except For-Sale Buil

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

Crowne Construction

Revere, MA· ~7 mi

New Single-Family Housing Construction (except For-Sale Buil

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

Marco Polo Home Builder Inc

Watertown, MA· ~12 mi

New Single-Family Housing Construction (except For-Sale Buil

$375K
SBA financing: ≈ $735K–$1.2M
Est. revenue (rough)

J.F. Diamond Builders Inc.

Cambridge, MA· ~10 mi

New Single-Family Housing Construction (except For-Sale Buil

$310K
SBA financing: ≈ $608K–$1.0M
Est. revenue (rough)

Coutos Construction Corporation

Billerica, MA· ~12 mi

New Single-Family Housing Construction (except For-Sale Buil

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

ALL JOB CONSTRUCTION, INC.

South Boston, MA· ~12 mi

New Single-Family Housing Construction (except For-Sale Buil

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for General Development, Inc. in Wakefield, MA (New Single-Family Housing Construction (except For-Sale Buil). 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 $350K
On record FY2025
Industry: New Single-Family Housing Construction (except For-Sale Buil
Location: Wakefield, MA
Lender: Rockland Trust Company

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with New Single-Family Housing Construction (except For-Sale Buil businesses in MA for ~$350k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/general-development-inc-ma
API:: https://dealroom.so/api/public/businesses/general-development-inc-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.

Is General Development, Inc. your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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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 General Development, Inc..