More than a 504

2.26%

Equipment 10-year Fixed

2.34%

Real Estate 20-year Fixed

2.45%

Real Estate 25-year Fixed

When Life Hands You Lemons, Make Hand Sanitizer?

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: 
Fabrizia Spirits, Salem, NH
When life gives you lemons, make lemonade!!! 
Or lemon-scented hand sanitizer!!
Fabrizia Spirits is a distiller of citrus spirits and mixes, including limoncello made with real lemons, based in Salem, New Hampshire.
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As soon as Fabrizia Spirits read about other distillers switching to hand sanitizer, they did the same by producing a sanitizer with real lemons that is lemon scented. They received a contract from the State of NH to fulfill a critical need while keeping the company operating during the COVID-19 crisis. The first 7,000 bottles were donated to first responders and health care facilities. It has turned into an “all hands on deck” project with the entire family taking shifts to produce as much as they can. The company will keep their staff employed and work around the clock to do their part in helping us all through this crisis.
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CDC New England provided Fabrizia Spirits with an SBA 504 loan to acquire real estate and equipment.