Netec Inc

291 Eastern Ave, Chelsea, MA 2150 · Construction Machinery Manufacturing (NAICS 333120)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$1.7M

Jobs Supported

0

Years Active

1996–1999

Loan History (2)

Source: SBA FOIA
7(a)$1,250,000
Paid in Full
Approved
Dec 15, 1998 (FY1999)
SBA Guaranteed
$1,000,000 (80%)
Term
180 months (15.0 yrs)
Revolver
0
Business Type
Corporation
Industry
Construction Machinery Manufacturing (NAICS 333120)
Paid in Full
Jul 31, 2005

Lender

Northeast Bank

35 Canal St, Ste 500, Lewiston, ME 4240

Project Location

Suffolk County, MA

7(a)$430,000
Paid in Full
Approved
Dec 7, 1995 (FY1996)
SBA Guaranteed
$322,500 (75%)
Term
12 months (1.0 yrs)
Revolver
0
Business Type
Corporation
Paid in Full
Jul 31, 2005

Lender

State Street Bank and Trust Company

1 Lincoln St, Boston, MA 2111

Project Location

Suffolk County, MA

Business Details

Business Type
Corporation
NAICS Code
333120 Construction Machinery Manufacturing
Address
291 Eastern Ave
Chelsea, MA 2150

Lenders

Northeast Bank
35 Canal St, Ste 500, Lewiston, ME 4240
State Street Bank and Trust Company
1 Lincoln St, Boston, MA 2111

Other SBA Borrowers in Chelsea

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