Progression Investments, LLC
Progression Investments, LLC is a brewery in Northampton, Massachusetts, classified under NAICS code 312120 (Breweries). The company was financed with an SBA 7(a) loan for a change of ownership totaling $913,500, approved on February 20, 2025 by New Valley Bank & Trust, and the loan is reported with 14 jobs.
SBA 7(a) loan, change of ownership, approved Feb 20, 2025
$913,500 approvedLender: New Valley Bank & Trust10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $913,500
- SBA-guaranteed amount
- $685,125 (75% of the approval)
- Lender
- New Valley Bank & Trust, Springfield, MA
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $11,572 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 312120, Breweries
- Project location
- Hampshire County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Breweries: $1,771,438.
- 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.
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