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.