The money-saving power of the 504 Program:

  • Equity as low as 10%, can include subordinate financing, with payments allowed
  • Servicing fees (included in the effective rate) reduced by .274%
  • Fixed rates for 10, 20 or 25 years!
RATES HAVEN'T BEEN THIS LOW SINCE 2012!
____________________________

SBA 504 Projects Approved in July 2019


Approved Projects in New Hampshire 
 
Fred Palazzolo  
603.436.0009 
Sean Fitzgerald 
603.436.0009 
Acquisition
Apple Product Service Center
Keene
Savings Bank of Walpole
New Construction
Natural Stone & Granite Fabricators
Seabrook
Enterprise Bank & Trust Company
Acquisition
Self-Storage Facility
Alton Bay
Lowell Five Cents Savings Bank
Acquisition Beauty Salon Portsmouth Meredith Village Savings 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 & 
New Construction
Senior Assisted Living Facility
Sandwich
Worker's Credit Union
Acquisition & 
New Construction
Auto Repair & Towing Services
Ipswich
Haverhill Bank
Acquisition
Day Spa
Amherst
Greenfield Savings Bank
Acquisition
Land Clearing & Tree Removal Services Winchendon Worker's Credit Union
Acquisition & Renovation
Crane & Rigging Services Westboro Webster Bank
Acquisition BioMedical Imaging Natick Eastern Bank
Acquisition & Renovation
Insurance Agency Methuen Enterprise Bank & Trust Company


Approved Projects in Maine
 
Jim Maxwell  
207.646.5988   
Paul Collins  
207.740.8659

Acquisition & 
New Construction
Brewery
Brewer
Camden National Bank
New Construction
Restaurant
South Portland
Bangor Savings Bank
Acquisition & Renovation
Residential & Commercial Insulation Contractor Topsham Bath Savings Institution
Acquisition
Restaurant Biddeford People's United Bank


Approved Projects in Vermont
 
Ethan Swain 
802.865.8094 

Acquisition & Equipment Purchase Beauty Salon and Med Spa St. Albans Community National Bank
Acquisition & Renovation
Pet Grooming & Boarding Facility Woodstock People's United Bank


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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