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ISLAND MARINE AND RESTORATION LLC — SBA Loan Record (Nantucket, MA) | DealRoom

Intelligence/Hotels (except Casino Hotels) and Motels/MA

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SBA lending record

ISLAND MARINE AND RESTORATION LLC

61 Old South Rd, Nantucket, MA · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$250K

Total SBA financing

1

Loan on record

FY2025

On record

8

Jobs supported

Is ISLAND MARINE AND RESTORATION LLC 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

$250,000 — FY2025

Gross approval: $250,000
SBA guaranteed: $187,500 (75%)
Status: Current
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/8/2025
First disbursement: 7/10/2025
Days to fund: 63 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 8
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Hotels (except Casino Hotels) and Motels
NAICS code: 721110
Lender: Newtek Bank, National Association
Address: 61 Old South Rd
City: Nantucket
County: Nantucket
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 9

The lender

Newtek Bank, National Association

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 hotels (except casino hotels) and motels — by location, industry.

SBA lenders in Massachusetts Lenders for hotels (except casino hotels) and motels Hotels (except Casino Hotels) and Motels lenders in Massachusetts

Similar businesses

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

CJNL, INC.

Brewster, MA· ~35 mi

Hotels (except Casino Hotels) and Motels

$180K
SBA financing: ≈ $353K–$588K
Est. revenue (rough)

Tab & Company LLC

Buzzards Bay, MA· ~43 mi

Hotels (except Casino Hotels) and Motels

$400K
SBA financing: ≈ $784K–$1.3M
Est. revenue (rough)

Hyannis Hospitality LLC

Hyannis, MA· ~29 mi

Hotels (except Casino Hotels) and Motels

$125K
SBA financing: ≈ $245K–$408K
Est. revenue (rough)

NAUSET BEACH INN

Orleans, MA· ~37 mi

Hotels (except Casino Hotels) and Motels

$650K
SBA financing: ≈ $1.3M–$2.1M
Est. revenue (rough)

THREE SEASONS MOTOR LODGE INC

Dennis Port, MA· ~27 mi

Hotels (except Casino Hotels) and Motels

$542K
SBA financing: ≈ $1.1M–$1.8M
Est. revenue (rough)

Jalaram Kutir Inc

Bedford, MA· ~104 mi

Hotels (except Casino Hotels) and Motels

$410K
SBA financing: ≈ $804K–$1.3M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for ISLAND MARINE AND RESTORATION LLC in Nantucket, MA (Hotels (except Casino Hotels) and Motels). 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 $250K
On record FY2025
8 jobs supported
Industry: Hotels (except Casino Hotels) and Motels
Location: Nantucket, MA
Lender: Newtek Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hotels (except Casino Hotels) and Motels businesses in MA for ~$250k 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 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/island-marine-and-restoration-llc-ma
API:: https://dealroom.so/api/public/businesses/island-marine-and-restoration-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.

Is ISLAND MARINE AND RESTORATION LLC 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 ISLAND MARINE AND RESTORATION LLC.