Contractors Family Market Inc
Contractors Family Market Inc is a convenience retail business in Franklin, Massachusetts, in the convenience retailers industry (NAICS 445131). It was financed with an SBA 7(a) loan for a change of ownership of $720,000, approved by Rockland Trust Company on September 29, 2026.
SBA 7(a) loan, change of ownership, approved Sep 29, 2026
$720,000 approvedLender: Rockland Trust Company20 years termCommitted, not fully disbursedLoan details
- Gross approval
- $720,000
- SBA-guaranteed amount
- $540,000 (75% of the approval)
- Lender
- Rockland Trust Company, Rockland, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.75%, fixed
- Term
- 20 years (240 months)
- Estimated maturity
- September 29, 2046 (estimated, approval date plus term)
- Estimated monthly payment
- $5,475 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 445131, Convenience Retailers
- Project location
- Norfolk County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 33% of acquisition loans in Convenience Retailers on this site.
- Average acquisition loan in Convenience Retailers: $1,185,102.
- Average acquisition loan in Massachusetts: $1,643,977.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Massachusetts
- Shree Siddhidata Inc, Cambridge