North Central Mass Development Corp Provides Funding to Three Downtown Fitchburg Businesses

The North Central Massachusetts Development Corporation (NCMDC) recently approved three loans totaling $55,000 to Strong Style Coffee, Bion Greek Kitchen and Mi Rinconcito Salvadoreno in Downtown Fitchburg.

 

Strong Style Coffee, owned and operated by Kimberly Jones on 37 Boulder Drive in Fitchburg, is a coffee shop that serves as a comfortable space where patrons can be creative and productive during the day and relax and enjoy events and entertainment at night. They offer coffee, pastries, breakfast sandwiches, and have a lunch menu, as well as beer and wine.  Their loan for $25,000 was used to re-finance business debt, and were a referral from NewVue Communities where Kimberly also worked on the financial plan for the loan application. Check out information on their upcoming events on their social media pages, at

https://www.facebook.com/strongstylecoffee/ or on Instagram at strongstylecoffee.

 

Bion Greek Kitchen received a $20,000 working capital loan to assist with operating expenses during the pandemic. Gregor and Violet Labovitis initially operated the business out of their home before eventually growing sales enough to open a physical location on 356 Main St., in Fitchburg. For more information visit their website at bion-greek.square.site or https://www.facebook.com/BionGreek1/?fref=tag.

 

Mi Rinconcito Salvadoreno is a start-up Latin American convenience store on Main St., Fitchburg at the site of the former Shack’s Clothing store. Owner Idelfonso Guzman and his wife Carmen decided to open the store after finding there were no reasonably close options for genuine Latin American oriented groceries in the area. The store opened on July 1, 2020 and features groceries, snacks and other novelties. For more information visit their store on 444 Main St., Fitchburg.

 

As a microloan lender, NCMDC can provide loans to small businesses up to $150,000 for working capital, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project.

North Central Mass Development Corp Provides Financing to Pasta Mani in Worcester Public Market

The North Central Massachusetts Development Corporation (NCMDC) recently approved a $50,000 loan to Jason Midwood owner of Pasta Mani, a start-up fresh pasta restaurant and retailer in the newly constructed Worcester Public Market. 

Jason has over 24 years of experience in the food service industry, including producing fresh pasta for the Ethan Stowell Restaurants in Seattle. Jason is translating this experience to his new restaurant Pasta Mani in the Worcester Public Market making hand made pasta dishes and to-go pasta options. Jason worked with the Small Business Development Center at Clark University on his business plan and projections. NCMDC’s loan was used to fund some kitchen equipment, start-up costs and working capital and was also part of a financing partnership with TD Bank. For more information on Pasta Mani stop by the Worcester Public Market or check them out on Instagram at https://www.instagram.com/pasta_mani_worcester/.

As a microloan lender, NCMDC can provide loans to small businesses up to $100,000 for working capital, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project. 

North Central Mass Development Corp Provides Financing to Smokestack Roasters in Lunenburg

The North Central Massachusetts Development Corporation (NCMDC) recently approved a $48,000 loan to Smokestack Roasters, a coffee roaster and retail coffee shop in Lunenburg MA.

Jaclynn and Barry Nicoll have been roasting coffee beans at their home for over three years and decided to scale up their business and open a coffee shop along with a new coffee roaster which will roast coffee beans in the shop. They passionately foster an atmosphere of buying and think-ing local and intend to partner with many local businesses as they ramp up their business. This loan was a referral from the Center for Women & Enterprise and they worked with NewVue Communities on the business plan and projections. This loan went to fund start-up costs and working capital to open the coffee shop. For more information on Smokestack Roasters, visit them on 39 Mass Ave in Lunenburg and check out their Facebook page at https://www.face-book.com/Smokestackroasters/.

As a microloan lender, NCMDC can provide loans to small businesses up to $100,000 for work-ing capital, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project.

North Central Mass Development Corp Provides Financing to Popcorn Castle in the Mall at Whitney Field

The North Central Massachusetts Development Corporation (NCMDC) recently approved a $25,000 loan to Eric Machuca, owner of Popcorn Castle, a start-up popcorn and snack food retailer in the Mall at Whitney Field in Leominster MA.

Popcorn Castle sells traditional as well as specialty popcorn with a wide variety of flavors such a buffalo, BBQ, ranch, etc., and sugary glazes ranging from birthday cake or chocolate to the traditional caramel corn. Popcorn Castle also has many other popular snack foods such as fried dough, churros, ice cream and more. Eric worked with NewVue Communities on the business plan and projections for his new business and this loan was used to fund equipment and start-up costs. For more information on Popcorn Castle stop by the Mall at Whitney Field or check out their Facebook page at https://www.facebook.com/Popcorn-Castle-100106481449563/.

As a microloan lender, NCMDC can provide loans to small businesses up to $150,000 for working capital, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project. 

North Central Mass Development Corp Provides Financing to Biscotto Café in Auburn

The North Central Massachusetts Development Corporation (NCMDC) recently approved a $30,000 loan to Michael and Barbara Anton, owners of Biscotto Café, a retail coffee shop and bakery in Auburn MA.

Michael and Barbara opened Biscotto Cafe in November 2018 in Auburn. The café has a growing reputation for their gluten allergy friendly baked items as well as traditional baked goods all prepared by Barbara from scratch. They also feature artisanal coffee and tea and will prepare platters or cakes/pies for parties, meetings or any other occasion. This loan was a referral from Hometown Bank and was used to re-finance business debt. For more information on Biscotto Café visit them at 744 Southbridge St, in Auburn, or check out their Instagram page at https://www.instagram.com/biscottocafe.auburn/

As a microloan lender, NCMDC can provide loans to small businesses up to $150,000 for working capital, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project.

North Central Mass Development Corp Provides Financing to Skinfluentials in Leominster

The North Central Massachusetts Development Corporation (NCMDC) recently approved a $50,000 loan to Rebecca Lorion, owner of Skinfluentials, in Leominster MA.

Rebecca is a licensed esthetician with over 8 years of experience with skincare treatments such as facials, microderm abrasion and radio frequency treatments. This loan helped Rebecca purchase the business and move the location to 53 Merriam Ave., Leominster. NewVue Communities assisted Rebecca with her business plan and projections. For more information on Skinfluentials visit https://www.skinfluentials.com/.

As a microloan lender, NCMDC can provide loans to small businesses up to $150,000 for working capital, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project. 

North Central Mass Development Corp Provides Financing to Morey Family Chiropractic in Leominster

The North Central Massachusetts Development Corporation (NCMDC) recently approved a $25,000 loan to Kevin Morey, owner of Morey Family Chiropractic, a Chiropractic practice he operates in Leominster MA.

Kevin Morey has been in business since 1996 and is using this loan to purchase a digital imaging system for his x-ray machine. Kevin was previously outsourcing x-ray services but with a new x-ray imaging system he will be able to better treat his existing patients as well as improve client retention and marketing for his practice. This loan was a referral from Hometown Bank. For more information on Morey Family Chiropractic visit https://www.moreyfamilychiro.com/.

As a microloan lender, NCMDC can provide loans to small businesses up to $150,000 for working capital, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project. 

NCMDC Provides Financing to Amaral Associates of Fitchburg

The North Central Massachusetts Development Corporation (NCMDC) recently approved a $10,000 loan to Rebecca Amaral, President of Amaral Associates Inc. in Fitchburg. 

Rebecca Amaral runs Amaral Associates, a guardian and conservator for people who are unable to make medical or financial decisions for themselves. With this loan Rebecca will add new computers and billing software which will allow her to expand her services to more clients and increase her capacity to bring on additional staff.

As a microloan lender, NCMDC can provide loans to small businesses up to $150,000 for working capital, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project. 

NCMDC Provides Loan to Family Martial Arts Center (FMAC) of Leominster

The North Central Massachusetts Development Corporation (NCMDC) recently approved a $95,000 loan to Len Brassard’s Family Martial Arts Center (FMAC) located in the Twin City Plaza in Leominster.  

FMAC is co-directed by Len M Brassard and his son Len D Brassard who recently moved their martial arts facility into a new space in the Twin City Plaza. NCMDC’s loan, referred by Workers Credit Union, was used for fit-up of the new location as part of a project along with Geronimo Properties, the owner of the building. Originally opened in 1989 by Len M Brassard, FMAC provides self-defense and character development training for students of all ages. Of particular note is FMAC’s kids program which is designed to foster personal development, instill virtues, and develop self-esteem, confidence and discipline. The move to this space retains six jobs. For more information on FMAC visit their Facebook page at Facebook.com/LenBrassardsFMAC, or visit their new location in the Twin City Plaza.

As a microloan lender, NCMDC can provide loans to small businesses up to $150,000 for working capital, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project. 

Behind (L to R): Sandie Cataldo, NCMDC Economic Development Manager, Father & Son / Co-owners, Len D Brassard and Len M Brassard, and Brendan Hannan, NCMDC Micro-Loan Manager.
Front (L to R): FMAC Black Belt Characters- Modesty, Perseverance, Indomitable Spirit, Integrity and Self-Control

North Central Mass Development Corp Provides Financing to Joshua Allen Design in Sterling

The North Central Massachusetts Development Corporation (NCMDC) recently approved a $25,000 loan to Joshua Halterman, owner of Joshua Allen Design, an interior design and home staging business based in Sterling, MA.

Joshua started the business as a part time venture in 2016, initially fluffing houses for sale with a real estate agent associate. Since then Joshua has grown the business into full home staging projects and photography services for real estate sales as well as interior design work for people looking to re-model or re-decorate their homes and in September 2018 he took the leap and started running his business full time. This loan will help Joshua add furniture to his inventory to be used in home stagings as well as provide working capital and help fund marketing efforts. Joshua Allen Design worked with NewVue on his projections, and was referred through the SBA Lender Match Program.

As a microloan lender, NCMDC can provide loans to small businesses up to $150,000 for working capital, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project.