SBA lending record

Springs Motel LLC

94 ROUTE 7, New Ashford, 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.

$1.4M

Total SBA financing

Loans on record

FY2021–23

On record

Jobs supported

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All 2 loans

$700,000 — FY2023

Loan 1 of 2

Gross approval: $700,000
SBA guaranteed: $350,000 (50%)
Status: Paid in full
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: 10/28/2022
First disbursement: 11/3/2022
Days to fund: 6 days
Paid in full: 2/28/2025
Collateral: Required

The lender

Adams Community Bank

2 loans to this business

Agent summary

This page summarizes the public SBA 7(a) lending record for Springs Motel LLC in New Ashford, 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.

2 SBA 7(a) loans totaling $1.4M
On record FY2021–23
9 jobs supported
Industry: Hotels (except Casino Hotels) and Motels
Location: New Ashford, MA
Lender: Adams Community Bank

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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 Springs Motel LLC.