Abacus Builders & General Contractors Inc
Abacus Builders & General Contractors Inc, located in South Boston, Massachusetts, operates in the industrial building construction industry (NAICS 236210). The company was approved for an SBA 504 loan financing real estate or equipment through an SBA 504 loan, with an SBA portion of $1.8 million, approved on August 13, 2025, through Clinton Savings Bank and Granite State Economic Development Corporation.
SBA 504 loan, approved Aug 13, 2025
$1,804,000 SBA portionCDC: Granite State Economic Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,804,000
- Bank portion
- $2,200,000
- Estimated project size
- $4,448,889 (estimated)
- Estimated owner equity
- $444,889 (estimated, about 10% of the project)
- Bank lender
- Clinton Savings Bank, Clinton, MA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 13, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 236210, Industrial Building Construction
- Project location
- Suffolk County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-8
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 83% of expansion loans in Industrial Building Construction on this site.
- Average expansion loan in Industrial Building Construction: $1,386,250.
- Average expansion loan in Massachusetts: $2,009,683.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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