Lender intelligence
Financing a school and employee bus transportation acquisition in Massachusetts
The SBA 7(a) lenders funding the most school and employee bus transportation acquisitions in Massachusetts, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in school and employee bus transportation · Massachusetts
Ranked by funded school and employee bus transportation acquisitions in Massachusetts. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.104 loans · $100M · Portsmouth, VAFull record →
2+ funded School and Employee Bus Transportation in Massachusetts deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Novas Enterprises LLC in Newton, MA — $1.0M (2022) · purchase · TowneBank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $756K (75%)
- Approval → funding
- 9 days
- Approved
- 3/22/2022
- First disbursed
- 3/31/2022
- Loan status
- Paid in full (2/28/2026)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 29
- Business age
- Change of Ownership
- Industry
- School and Employee Bus Transportation
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $112K
- Est. cash at closing
- $154K
- Monthly payment
- $11,322
- Annual debt service
- $136K
- Cash flow needed (1.25×)
- $170K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by TowneBank · Lender record →
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- Novas Enterprises LLC in Newton, MA — $35K (2022) · purchase · TowneBank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 6.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $18K (50%)
- Approval → funding
- 35 days
- Approved
- 3/23/2022
- First disbursed
- 4/27/2022
- Loan status
- Paid in full (2/28/2026)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 29
- Business age
- Change of Ownership
- Industry
- School and Employee Bus Transportation
If you were the buyer here
- Est. deal size
- $39K
- Est. down payment (10%)
- $4K
- Est. cash at closing
- $5K
- Monthly payment
- $393
- Annual debt service
- $5K
- Cash flow needed (1.25×)
- $6K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by TowneBank · Lender record →
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to school and employee bus transportation businesses with a Massachusetts project address.
Agent summary
How to finance a school and employee bus transportation acquisition in Massachusetts with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Massachusetts deals. TowneBank funds the most here. DealRoom is not a lender.
- $657K typical loan
- 1 lenders active in Massachusetts
- 2+ funded Massachusetts deals
- 35 days typical to fund
Buyers buying a school and employee bus transportation in Massachusetts typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.