The Scope and Specifics of Our Projects

Economic Development Commitments

Sponsor: Project
Location Description Amount
Advanced Laundry: New Commercial Facility
Lawrence Term Loan $510,000
Berkshire Capital Investors: Berkshire Venture Fund
Western MA Equity $3,000,000
BioEngineering Group
Salem Term $185,000
BioEngineering Group: River Wharf Realty
Salem Working Capital $743,000
Brewery Development Corporation: The Brewery
Boston Commercial Real Estate Loan $2,000,000
Cambridge NanoTech: Cambridge Nano
Cambridge Mezzanine debt $1,000,000
Carter Street LLC: New Industrial Facility
Chelsea Term $2,150,000
City Of Boston Loan Fund: Minority and Women Owned
Boston $50,000
Cooper Technology Center: Commercial Bldg Rehab
Pittsfield Acquisition and Construction $349,000
Dorchester Bay EDC: Small Business Loan Fund
Boston Loan Fund $200,000
Dorchester Bay EDC: Spire
Boston New Manufacturing Facility $3,215,000
Dorchester Bay EDC: Quincy Street
Boston Acquisition $1,685,000
Economic Stabilization Trust: Small Business Loan Fund
Statewide Loan Fund $2,103,000
Falmouth Housing Corporation / Main St.:
Commercial Condominium
Falmouth Term $900,000
Harbar Corporation: Business Loan
Canton Term $1,250,000
Hispanic Broadcasers: Business Loan
Brockton Term and real estate $1,250,000
Jamaica Plain NDC/Brewery Development Corporation: Brewery
Boston Refinance $980,000
Jamaica Plain NDC/Brewery Development Corporation: The Brewery Complex – Main Block NMTC
Boston Commercial Real Estate Loan $6,500,000
Jobs for Fall River: Loan Fund
Fall River Loan Fund $750,000
Jobs for Fall River: Loan Fund
Fall River Loan Fund $2,000,000
Lynn Commercial: Commercial/Retail condo
Lynn Mortgage $37,500
Long River Ventures: Equity for central mass businesses
Central MA Equity $1,000,000
Lowell Development Finance Corporation: Retail Businesses
Lowell Loan Fund $375,000
Lytron-Woburn: Manufacturing Company
Woburn Commercial loan and real estate mtg $5,000,000
Madison Park Development Corporation: Hibernian Hall
Boston Commercial Real Estate $1,954,540
Mayo Group/Washington St.: Commercial -Dudley Square
Boston Real estate loan $3,200,000
Medelle: Health Care Start Up
Burlington Commercial loan $729,000
Merrimack Valley Loan Fund: Merrimack Valley Businesses
Haverhill Loan Fund $60,000
MHIC – Cindy’s Kitchen: New Manufacturing Facility
Brockton Leverage Loan $1,678,000
MHIC – New Markets Fund: New Market Tax Credit funds
Statewide Bridge $8,000,000
MHIC – NMTC Bridge: New Market Tax Credit funds
Statewide Leverage Loan $3,000,000
MHIC – JP Brewery: Renovation of brewery building
Boston Leverage Loan $4,320,000
Mission Hill Neighborhood Housing Services: One Roxbury Crossing
Boston Land acquisition & predevelopment loan $2,000,000
Organogenesis: Biotech Manufacturing
Canton Working Capital $4,000,000
Pacific International-Boston: Participation commercial renovation
Boston Term loan $1,000,000
Quincy Street Realty Trust: Commercial Warehouse
Boston Acquisition and Construction $2,014,000
Seaman Paper Company: Alternative Energy Installation
Gardner, Otter River Term $2,200,000
SEED Ventures: SE MA businesses
Taunton Loan Fund $500,000
Springfield Loan Fund: Small Business Loan Fund
Springfield Loan Fund $1,000,000
Western Mass Enterprise Fund: Small Businesses
Holyoke Loan Fund $50,000
Worcester Venture Fund: Central MA businesses
Worcester Equity Fund $1,000,000
Zmed, Inc.: Medical Device
Ashland Working Capital $750,000
Total Economic Development Investments $76,188,040