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SBA lending record

SNM Realty Trust

4 MAGNOLIA AVE, Gloucester, MA · General Automotive Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$270K

Total SBA financing

1

Loan on record

FY2021

On record

2

Jobs supported

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The loan

$270,000 — FY2021

Gross approval: $270,000
SBA guaranteed: $202,500 (75%)
Status: Cancelled
Rate at approval: 6% f
Term: 240 mo (20 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/13/2021
Collateral: Required
Jobs supported: 2
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: General Automotive Repair
NAICS code: 811111
Lender: Citizens Bank, National Association
Address: 4 MAGNOLIA AVE
City: Gloucester
County: Essex
SBA district office: MASSACHUSETTS DISTRICT OFFICE
Congressional district: 6

The lender

Citizens 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 general automotive repair — by location, industry.

SBA lenders in Massachusetts Lenders for general automotive repair General Automotive Repair lenders in Massachusetts

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Comparable general automotive repair 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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JJ AUTO SERVICE & COLLISION CENTER, INC

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SBA financing: ≈ $556K–$926K
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OB-S Auto Service & Collison LLC

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SBA financing: ≈ $686K–$1.1M
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EA Automotive, Inc.

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SBA financing: ≈ $486K–$811K
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Agent summary

This page summarizes the public SBA 7(a) lending record for SNM Realty Trust in Gloucester, MA (General Automotive Repair). 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 $270K
On record FY2021
2 jobs supported
Industry: General Automotive Repair
Location: Gloucester, MA
Lender: Citizens Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Automotive Repair businesses in MA for ~$270k 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 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/snm-realty-trust-ma
API:: https://dealroom.so/api/public/businesses/snm-realty-trust-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 SNM Realty Trust.