16 Worcester Business Journal | April 30, 2018 | wbjournal.com
F O C U S S M A L L B U S I N E S S
Top SBA loan recipients
Ranked by amount of loan, fiscal year 2017 (a)
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Top SBA loan recipients
Ranked by amount of loan, fiscal year 2017 (a)
Loan recipient Amount of loan(s) Business description
1
Boutwell, Owens & Co. Inc.
251 Authority Drive, Fitchburg 01420
978-343-3067 • www.boutwellowens.com
$3,225,000 Paperboard container manufacturer
2
Elita 7 LLC dba Donna Kay Rest Home
16 Marble St., Worcester 01603
774-314-3114 • myrealhome.net
$2,850,000 Nursing care facility
3
Full Spectrum Software LLC
225 Turnpike Road, Southborough 01772
508-620-6400 • www.fullspectrumsoftware.com
$2,848,000 Software developer and service provider
4
Boston Harbor Wealth Advisors LLC
289 Great Road, Suite 304, Acton 01720
978-767-8667 • www.bostonharborwealth.com
$2,250,000 Investment advisors
5
Apps Associates LLC
40 Nagog Park, Suite 105, Acton 01720
978-399-0230 • www.appsassociates.com
$2,000,000 Custom computer programming
6
AC Adventures LLC dba Urban Air Adventure Park
189 Mechanic St., Bellingham 02019
508-232-4604 • www.urbanairtrampolinepark.com
$1,699,000 Fitness and recreational sports center
7
Brock Inc. dba Drilex Environmental Inc.
13 Elm St., Suite 2, Auburn 01501
508-835-6724 • www.drilexenv.com
$1,575,000 (b) Specialty trade contractor
8
Harshaw Paving & Reclamation Corp.
1045 Quaker Highway, Uxbridge 01569
508-409-6439 • www.harshawpaving.com
$1,495,600 Specialty trade contractor
9
OGQTOO LLC dba Goldfish Swim School
43 Apex Drive, Marlborough 01752
508-970-8686 • www.goldfishswimschool.com
$1,430,000 Sports and recreation instruction
10
Academy Building Envelope LLC
5 Bishop Road, Ayer 01432
978-772-7771 • www.academybuildingenvelope.com
$1,349,000 Glass and glazing contractor
11
Masiero Woodworks LLC
454 River Road, Hudson 01749
978-562-3788 • masierowoodworks.com
$1,060,000 Finish carpentry contractor
12
Wayland Personal Physicians LLC
109 Andrew Ave., #203, Wayland 01778
508-358-3300 • waylandpersonalphysicians.com
$1,018,000 Healthcare facility
13
Sharfmans Inc.
19 Glennie St., B, Worcester 01605
508-791-2211 • www.sharfmansjewelers.com
$1,000,000 Jewelry store
14
Wolf Auto Group LLC dba Simon's Auto Body
332 Irving St. and 37 Waverly St., Framingham 01702
508-624-4362 • www.simonsautobody.com
$961,000 Auto body shop
15
Shirley Dental Care Inc. dba Nashoba Valley Dental
228 Great Road, Shirley 01464
978-627-7395 • nashobavalleydental.com
$895,000 Healthcare facility
16
CE Realty LLC dba Whistle Stop Bar & Grill
85 Main St., Oxford 01540
508-987-3087 • www.stopbythewhistle.com
$862,500 Full service restaurant
17
Berry Fitness LLC dba Orangetheory Fitness
67 Main St., Medway 02053
508-669-7879 • www.orangetheoryfitness.com
$862,000 Fitness and recreational sports center
Sources: U.S. Small Business Administration, news reports and Mass. Secretary of the Commonwealth website. Notes: dba=doing business as. The SBA's 2017 fiscal year ran from Oct. 1, 2016 to Sept. 30, 2017.
(a) Loans listed are SBA 7(a) loans. Lending eligibility criteria are broader than those from other types of loans, such as those associated with the 504 Loan Program.
(b) Represents two loan amounts of $745,000 and $830,000
- Compiled by: Heide Martin, hmartin@nebusinessmedia.com
Sources: U.S. Small Business Administration, news reports and Mass. Secretary of the Commonwealth website. Notes:
dba=doing business as. The SBA's 2017 fiscal year ran from Oct. 1, 2016 to Sept. 30, 2017.
(a) Loans listed are SBA 7(a) loans. Lending eligibility criteria are broader than those from other types of loans, such as
those associated with the 504 Loan Program.
(b) Represents two loan amounts of $745,000 and $830,000
- Compiled by: Heide Martin, hmartin@nebusinessmedia.com