SBA lending record
RIO WELDING INC
9 NEWFIELD ST, North Chelmsford, MA · New Multifamily Housing Construction (except For-Sale Builde. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$100K
Total SBA financing
1
Loan on record
FY2024
On record
3
Jobs supported
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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.
The loan
$100,000 — FY2024
- Gross approval
- $100,000
- SBA guaranteed
- $50,000 (50%)
- Status
- Charged off (failed)
- Rate at approval
- 11.49% f
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/18/2024
- First disbursement
- 5/20/2024
- Days to fund
- 2 days
- Charged off
- 1/16/2026
- Charge-off amount
- $79,289
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for RIO WELDING INC in North Chelmsford, MA (New Multifamily Housing Construction (except For-Sale Builde). 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 $100K
- On record FY2024
- 3 jobs supported
- Industry: New Multifamily Housing Construction (except For-Sale Builde
- Location: North Chelmsford, MA
- Lender: Eastern 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.
- Methodology:
- Sources & methodology
Is RIO WELDING 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 RIO WELDING INC.