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Economic Development

Borrower/Project
Location
Loan Type
Loan Amount
Year
Northeast Biodiesel Company, LLC
Greenfield
Working Capital
$ 650,000
2022
Nubian Ascends Partners, 2147 Washington
Boston, Nubian Square
Pre-development Line of Credit
$ 575,000
2022
Organogenesis, Biotech Manufacturing
Canton
Term, mezzanine
$ 4,000,000
2010
Pacific International, Participation commercial renovation
Boston
Permanent
$ 1,000,000
2006
Rutto Bats, LLC
Holyoke
Equipment Loan
$ 250,000
2024
SEED Ventures, SE MA businesses
Taunton
Equity and subdebt
$ 500,000
2001
Seaman Paper Company, Alternative Energy Installation
Gardner, Otter River
Term
$ 2,200,000
2008
Springfield Loan Fund, Small Business Loan Fund
Springfield
Loan Fund
$ 1,000,000
2000
Veterans Benefits Clearinghouse, 124-126 Warren Street
Boston, Roxbury
First Mortgage via New Market Fund III
$ 325,000
2007
Watermark , DCF and YouthBuild
Boston, Roxbury
Construction - Tenant Improvements
$ 850,000
2021
Watermark , Various
Boston, Roxbury
Predevelopment Line of Credit Renewal
$ 500,000
2021
Watermark/Horizons for Homeless Children, Various
Boston, Roxbury
Predevelopment Line of Credit
$ 500,000
2017
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Total Economic Development Investments:  $95,494,895

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