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 Loans in New England – September Projects
October 28th, 2011
Medical Practice in Auburn, MA
- Funds were used to purchase and renovation property
- Project was done in conjunction with George Calameris at Millbury Savings Bank
- Total project of $1,360,000 – Bay Colony contributed $551,000
- Company expects to create 6 new jobs
Restaurant in Chestnut Hill, MA
- Funds were used for leasehold improvements
- Project was done in conjunction with Ed Casavant at Wellesley Bank
- Total project of $1,696,000 – Bay Colony contributed $686,000
- Company expects to create 45 new jobs
Law Practice in Charlestown, MA
- Funds were used to purchase property
- Project was done in conjunction with Yongmei Chen at Eastern Bank
- Purchase price of $625,000 – Bay Colony contributed $258,000
- Company expects to create 4 new jobs
Day Care Facility in Charlton, MA
- Funds were used to purchase property
- Project was done in conjunction with Ruth Cavanagh at Spencer Savings Bank
- Purchase price of $1,000,000 – Bay Colony contributed $412,000
- Company expects to create 8 new jobs
Technology Management firm in Lowell, MA
- Funds were used to purchase and renovation of property
- Project was done in conjunction with William Collins, Jr. at Enterprise Bank
- Project cost of $1,450,000 – Bay Colony contributed $596,000
- Company expects to create 10 jobs
Food Franchise in Waltham, MA
- Funds were used to purchase and renovation of property
- Project was done in conjunction with Lance Reagan at Eastern Bank
- Project cost of $750,000 – Bay Colony contributed $309,000
- Company expects to create 6 new jobs