The money-saving power of the 2020 504 Program:

  • Equity as low as 10%, can include subordinate financing, with payments allowed
  • Servicing fees (included in the effective rate) reduced by .322%
  • Fixed rates for 10, 20 or 25 years!
SBA Interest RATES are still low!
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SBA 504 Projects Approved in February 2020


Approved Projects in New Hampshire 
 
Fred Palazzolo  
603.436.0009 
Sean Fitzgerald 
603.436.0009 
Acquisition & 
New Construction
Powersports Vehicle Sales & Service
Hampton Falls
First Seacoast Bank
Acquisition, Renovation & Equipment Purchase
Firearms Sales & Service
Barrington
Northway Bank


Approved Projects in Massachusetts 
 
Barbara Arena 
P 781.294.2244   C  508.269.2668
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Matt Collins 
508.294.6822
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Fred Palazzolo  
603.436.0009
Tracey Gaylord 
tgaylord@granitestatedev.com
413.271.0099  

Acquisition
Restaurant
Plymouth
Eastern Bank
Acquisition
Restoration & Cleaning Services
Dedham
Eastern Bank
504 Refi
Tennis & Swim Club
Scituate
Coastal Heritage Bank
504 Refi
Tennis & Swim Club Plymouth Coastal Heritage Bank
504 Refi
Banquet & Special Event Facility Holyoke Liberty Bank
New Construction & Equipment Purchase
Auto Service Center Leicester Webster First Federal Credit Union


Approved Projects in Maine
 
Jim Maxwell  
207.646.5988   
Paul Collins  
207.740.8659

Acquisition, Renovation & Equipment Purchase
Bed & Breakfast Inn
York
Newburyport Bank
Acquisition &
New Construction
Fuel & Propane Meter Testing Services
Saco
Key Bank
Acquisition, Renovation & Equipment Purchase Brewery Fryeburg Norway
Savings Bank


Approved Projects in Vermont
 
Ethan Swain 
802.865.8094 

Acquisition & Renovation Outpatient Medical Imaging Facility South Burlington New England Federal Credit Union

Thank you for working with us!  Your business is sincerely appreciated!

Joyce Pemberton
508.695.3800
Alan Abraham
President
Scott Gardiner
Executive Vice President

Steve Aldrich
Executive Credit Manager ● Senior Vice President

603.436.0009


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