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