More than a 504

2.52%

Equipment 10-year Fixed

2.82%

Real Estate 20-year Fixed

2.94%

Real Estate 25-year Fixed

No Questions Asked!!!

SOME GOOD NEWS!

Many of our 504 borrowers are helping the community deal with the COVID-19 crisis. We want to share their stories.
CDC New England SBA 504 Borrower: 
Christopher’s Café and Catering
Lynn, Massachusetts
   
No questions asked!!!
  
Christopher’s Café and Catering of Lynn, Massachusetts is a hometown favorite for breakfast, lunch, and outstanding off-premise catered events.  As a strong supporter of local artists and the community, the Café was recently featured on the New England television program Chronicle for mentoring and employing people with developmental disabilities as well as having local artists showcase their work on the walls.
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As the pandemic hit Massachusetts, and the community started experiencing the economic impact, David Shalvoy, the owner of the café, has made it known that anyone who is experiencing financial hardship, food insecurity, or the loss of employment is welcome and encouraged to come in for a free take-out meal.  No questions asked.
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Christopher’s Café truly believes that the Spirit of Massachusetts is the Spirit of America, and is a showcase of the way a community bands together through tough times.
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CDC New England provided Christopher’s Café and Catering with an SBA 504 loan to acquire the location it had previously rented, as well as to update and modernize their equipment.