SBA lending record

H. Loeb Corporation

419 SAWYER ST, New Bedford, MA · Engineering Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$500K

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

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The loan

$500,000 — FY2023

Gross approval: $500,000
SBA guaranteed: $250,000 (50%)
Status: Committed
Rate at approval: 9.25% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/6/2023
Collateral: None
Jobs supported: 25
Business type: Corporation
Business age: Existing or more than 2 years old

The lender

Mechanics Cooperative Bank

1 loan to this business

Agent summary

This page summarizes the public SBA 7(a) lending record for H. Loeb Corporation in New Bedford, MA (Engineering Services). 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 FY2023
25 jobs supported
Industry: Engineering Services
Location: New Bedford, MA
Lender: Mechanics Cooperative Bank

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/h-loeb-corporation-ma
API:: https://dealroom.so/api/public/businesses/h-loeb-corporation-ma
Methodology:: Sources & methodology

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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 H. Loeb Corporation.