Worcester Business Journal

November 3, 2025

Issue link: https://nebusinessmedia.uberflip.com/i/1540905

Contents of this Issue

Navigation

Page 23 of 35

24 Worcester Business Journal | November 3, 2025 | wbjournal.com Economy Top SBA 7(a) loans Ranked by amount of loan, fiscal year 2024 ((11)) Loan recipient Amount of loan Business description Lender 1 Industrial Packaging Supply Inc. Webster $5,000,000 Packaging and labeling services Berkshire Bank 2 Soccer Asylum LLC Paxton $3,775,000 Fitness and recreational sports Berkshire Bank 3 Gurney Water Treatment Inc. Sutton $3,000,000 (2) Professional services Rockland Trust Co. 4 Prestige Scientific Staffing Inc. Milford $2,897,900 (2) Employment placement Rockland Trust Co. 5 Jump Nation Concord LLC Marlborough $2,520,000 Amusement and recreation Western State Bank 6 Convenient Home Care Services Inc. Sudbury $2,450,000 (2) Home health care Newtek Bank 7 Petroleum Engineering Inc. Bellingham $2,200,000 (2) Site preparation contractor Rockland Trust Co. 8 United Metal Fabricators Inc. Worcester $2,122,000 (2) Sheet metal manufacturing Webster Bank 9 Southborough Golf Realty Holding LLC Southborough $2,000,000 Real estate activities TD Bank 10 Fel-Tech LLC Worcester $1,770,000 (2) Machinery & equipment First National Bank of Pennsylvania 11 MVP Sign Inc. Northborough $1,750,000 Sign manufacturing Cambridge Savings Bank 12 XG Hudson LLC Berlin $1,629,000 Amusement and recreation Velocity SBA LLC 13 Sterling Eagle Inc. Worcester $1,600,000 (2) Sign manufacturing Berkshire Bank 14 Edutech Ventures LLC Worcester $1,575,000 Child day care Live Oak Banking Co. 15 The Gun Parlor Inc. Worcester $1,460,000 Firearms, ammunition & indoor range Fidelity Co-Operative Bank 16 Hill City Fitchburg $1,420,000 Amusement and recreation Bank Five Nine 17 Units of Northeast Mass. Littleton $1,300,000 Miniwarehouses and self-storage leasing Live Oak Banking Co. 18 David French Music Co. Inc. Westborough $1,200,000 Musical instrument and supplies store M&T Bank 19 Dachser Holdings Inc. Auburn $1,150,000 Logistics services bankHometown 20 Xenspire Group Inc. Marlborough $1,125,000 Employment placement Pathward 21 Acton Bowladrome Enterprise Inc. Spencer $1,067,200 Amusement and recreation Wells Fargo Bank 22 Prism Specialties (3) Marlborough $1,000,000 (2) Fire damage restoration Byline Bank 23 15 Exchange Inc. Barre $909,000 (2) Beer, wine & liquor retailer Rockland Trust Co. 24 Installations Plus Inc. Westborough $750,000 Flooring contractor St. Mary's Credit Union 25 Jimmy John's (4) Leominster $730,000 Restaurant Byline Bank Source: U.S. Small Business Administration (1) Loans listed are for SBA 7(a) loans. Lending eligibility criteria are broader than those of other types of loans such as those associated with the 504 Loan Program. (2) Comprised of two loans (3) Part of Owela Corp. (4) Franchise of NS District North LLC -Compiled by: Stephanie R. Meagher, research@nebusinessmedia.com

Articles in this issue

Links on this page

Archives of this issue

view archives of Worcester Business Journal - November 3, 2025