Solomon Mccown & Company Inc.

100 Cambridge Street, 14th Flo, Boston, MA 2114 · Public Relations Agencies (NAICS 541820)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

4

Total Amount

$11.8M

Jobs Supported

150

Years Active

2019–2021

Loan History (4)

Source: SBA FOIA
7(a)$750,000
Exempt
Approved
Sep 28, 2021 (FY2021)
SBA Guaranteed
$375,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
3.75%
Revolver
1
Jobs Supported
45
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Public Relations Agencies (NAICS 541820)

Lender

Salem Five Cents Savings Bank

210 Essex St, Salem, MA 1970

Project Location

Suffolk County, MA

7(a)$3,698,700
Exempt
Approved
Oct 9, 2019 (FY2020)
SBA Guaranteed
$2,774,025 (75%)
Term
120 months (10.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
35
Business Type
Corporation
Business Age
Change of Ownership
Industry
Public Relations Agencies (NAICS 541820)

Lender

Salem Five Cents Savings Bank

210 Essex St, Salem, MA 1970

Project Location

Suffolk County, MA

7(a)$3,698,700
Cancelled
Approved
Jun 19, 2019 (FY2019)
SBA Guaranteed
$2,774,025 (75%)
Term
120 months (10.0 yrs)
Interest Rate
5.25%
Revolver
0
Jobs Supported
35
Business Type
Corporation
Business Age
Change of Ownership
Industry
Public Relations Agencies (NAICS 541820)

Lender

Salem Five Cents Savings Bank

210 Essex St, Salem, MA 1970

Project Location

Suffolk County, MA

7(a)$3,698,700
Cancelled
Approved
Sep 24, 2019 (FY2019)
SBA Guaranteed
$2,774,025 (75%)
Term
120 months (10.0 yrs)
Interest Rate
5.25%
Revolver
0
Jobs Supported
35
Business Type
Corporation
Business Age
Change of Ownership
Industry
Public Relations Agencies (NAICS 541820)

Lender

Salem Five Cents Savings Bank

210 Essex St, Salem, MA 1970

Project Location

Suffolk County, MA

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
541820 Public Relations Agencies
Address
100 Cambridge Street, 14th Flo
Boston, MA 2114

Lender

Salem Five Cents Savings Bank
210 Essex St, Salem, MA 1970

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