Doyon Enterprises Inc.

660 S Union Street, Lawrence, MA 1843 · Other Automotive Mechanical and Electrical Repair and Maintenance (NAICS 811118)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$1.6M

Jobs Supported

4

Years Active

2019–2019

Loan History (2)

Source: SBA FOIA
7(a)$1,250,000
Charged Off
Approved
Jun 24, 2019 (FY2019)
SBA Guaranteed
$937,500 (75%)
Term
57 months (4.8 yrs)
Interest Rate
7.00%
Revolver
0
Jobs Supported
2
Business Type
Corporation
Business Age
Change of Ownership
Industry
Other Automotive Mechanical and Electrical Repair and Maintenance (NAICS 811118)
Charge-off Date
Nov 26, 2024
Charge-off Amount
$898,111

Lender

Webster Bank National Association

137 Bank St, Waterbury, CT 6702

Project Location

Essex County, MA

7(a)$350,000
Charged Off
Approved
Jun 25, 2019 (FY2019)
SBA Guaranteed
$175,000 (50%)
Term
52 months (4.3 yrs)
Interest Rate
7.00%
Revolver
1
Jobs Supported
2
Business Type
Corporation
Business Age
Startup, Loan Funds Will Open Business
Industry
Other Automotive Mechanical and Electrical Repair and Maintenance (NAICS 811118)
Charge-off Date
Jun 17, 2025
Charge-off Amount
$350,000

Lender

Webster Bank National Association

137 Bank St, Waterbury, CT 6702

Project Location

Essex County, MA

Business Details

Business Type
Corporation
Business Age
Change of Ownership
NAICS Code
811118 Other Automotive Mechanical and Electrical Repair and Maintenance
Address
660 S Union Street
Lawrence, MA 1843

Lender

Webster Bank National Association
137 Bank St, Waterbury, CT 6702

Other SBA Borrowers in Lawrence

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