Artel Software Inc.

65 Franklin Street, Boston, MA 2110 · Software Publishers (NAICS 511210)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$5.0M

Jobs Supported

95

Years Active

2003–2016

Loan History (3)

Source: SBA FOIA
7(a)$5,000,000
Paid in Full
Approved
Sep 2, 2016 (FY2016)
SBA Guaranteed
$3,750,000 (75%)
Term
60 months (5.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
15
Business Type
Corporation
Industry
Software Publishers (NAICS 511210)
Paid in Full
Sep 30, 2017

Lender

Citizens Bank, National Association

1 Citizens Plaza, Providence, RI 2903

Project Location

Suffolk County, MA

7(a)$35,000
Paid in Full
Approved
Feb 3, 2003 (FY2003)
SBA Guaranteed
$17,500 (50%)
Term
84 months (7.0 yrs)
Revolver
1
Jobs Supported
40
Business Type
Corporation
Industry
Custom Computer Programming Services (NAICS 541511)
Paid in Full
Nov 30, 2011

Lender

Citizens Bank, National Association

1 Citizens Plaza, Providence, RI 2903

Project Location

Suffolk County, MA

7(a)$5,000
Cancelled
Approved
Feb 3, 2003 (FY2003)
SBA Guaranteed
$2,500 (50%)
Term
84 months (7.0 yrs)
Revolver
1
Jobs Supported
40
Business Type
Corporation
Industry
Custom Computer Programming Services (NAICS 541511)

Lender

Citizens Bank, National Association

1 Citizens Plaza, Providence, RI 2903

Project Location

Suffolk County, MA

Business Details

Business Type
Corporation
NAICS Code
511210 Software Publishers
Address
65 Franklin Street
Boston, MA 2110

Lender

Citizens Bank, National Association
1 Citizens Plaza, Providence, RI 2903

Other SBA Borrowers in Boston

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