SBA lending record
Sterling Homes Development Corporation
400 Trade Center Suite 5900, Woburn, MA · Residential Remodelers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$325K
Total SBA financing
2
Loans on record
FY2021–23
On record
2
Jobs supported
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All 2 loans
$200,000 — FY2023
Loan 1 of 2- Gross approval
- $200,000
- SBA guaranteed
- $100,000 (50%)
- Status
- Current
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/27/2023
- First disbursement
- 11/13/2023
- Days to fund
- 47 days
- Collateral
- None
- Jobs supported
- 1
The lender
Salem Five Cents Savings Bank
2 loans to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for Sterling Homes Development Corporation in Woburn, MA (Residential Remodelers). 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 $325K
- On record FY2021–23
- 2 jobs supported
- Industry: Residential Remodelers
- Location: Woburn, MA
- Lender: Salem Five Cents Savings 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:
Is Sterling Homes Development Corporation 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 Sterling Homes Development Corporation.