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SBA lending record

Nirani Inc

242 ELLIOTT ST, Beverly, MA · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$25K

Total SBA financing

1

Loan on record

FY2024

On record

5

Jobs supported

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The loan

$25,000 — FY2024

Gross approval: $25,000
SBA guaranteed: $12,500 (50%)
Status: Current
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Business purchase
Approved: 7/11/2024
First disbursement: 8/14/2024
Days to fund: 34 days
Collateral: Required
Jobs supported: 5
Business type: Corporation
Business age: Change of Ownership
Industry: Full-Service Restaurants
NAICS code: 722511
Lender: Rockland Trust Company
Address: 242 ELLIOTT ST
City: Beverly
County: Essex
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 →

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

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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.

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K AND R RESTAURANT GROUP LLC

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Agent summary

This page summarizes the public SBA 7(a) lending record for Nirani Inc in Beverly, 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 $25K
On record FY2024
5 jobs supported
Industry: Full-Service Restaurants
Location: Beverly, MA
Lender: Rockland Trust Company

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 ~$25k 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/nirani-inc-ma
API:: https://dealroom.so/api/public/businesses/nirani-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.

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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 Nirani Inc.