East Heaven Tub Co., Inc.
East Heaven Tub Co., Inc. is located in Easthampton, Massachusetts, and is classified under the industry Other Personal Care Services (NAICS 812199). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,186,000, with Greenfield Savings Bank as the lender and approval dated February 24, 2024.
SBA 504 loan, approved Feb 24, 2024
$1,186,000 SBA portionCDC: Granite State Economic Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,186,000
- Bank portion
- $1,657,500
- Estimated project size
- $3,159,444 (estimated)
- Estimated owner equity
- $315,944 (estimated, about 10% of the project)
- Bank lender
- Greenfield Savings Bank, Greenfield, MA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 24, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 812199, Other Personal Care Services
- Project location
- Hampshire County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-1
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 9% of expansion loans in Other Personal Care Services on this site.
- Average expansion loan in Other Personal Care Services: $1,501,000.
- 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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