NADCO is hosting a FREE webinar that will cover the 504 Temporary Debt Refinance Program in detail. REGISTER HERE Hosted by our experienced industry instructors, and with participation by key SBA officials, the webinar will be one hour in length, held on Thursday, March 8th, at 1:00 pm Eastern Standard Time. We will cover topics including: Eligibility for refinancing [...]
SBA 504-funded Projects in January
March 4th, 2010
Bay Colony saw a busy start to 2010 with numerous projects obtaining SBA 504 funding. Below are just a few of the projects that we’ve arranged financing for:
- Project was for the $470,000 purchase of vicon coil line equipment
- Company estimates creating 2 new jobs over the next two years
- Enterprise Bank (Patty Wilson) provided the senior financing
Evolution Beauty Supply and Salon
- Project was for the $448,000 purchase of the building
- Company estimates creating 4 jobs over the next two years
- Enterprise Bank (Richard Chavez) provided the senior financing
GF Sales
- Project was for the purchase and renovation of building for a total cost of $900,000
- Company estimates creating ten new jobs over the next two years
- TD Bank (Bayard Read) provided the senior financing
Gooby Industries d/b/a Century Box Company
- Project was for the purchase of $2,430,500 in equipment
- Company estimates creating 41 jobs in the next two years
- Century Bank (Brad Buckley) provided the senior financing
Irinoula Hospitality Group d/b/a Comfort Inn & Suites
- Project was for the $4.2 million expansion to the hotel
- Company anticipates creating 7 new jobs over the next two years
- Berkshire Bank (Bill Davis) provided the senior financing
- Project was for the construction of a new facility for $664,000
- Company anticipates creating 3 new jobs over the next two years
- Bank of Western Mass (Jim Carvalho) provided the senior financing
- Project was for the construction of $1.8 million ambulance facility
- Company anticipates creating 15 new jobs over the next two years
- Lowell Five Cents Savings Bank (Robert Dolan) provided the senior financing
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