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Economic Development

Borrower/Project
Location
Loan Type
Loan Amount
Year
259 Quincy Street Realty Trust, Commercial Warehouse
Boston
Acquisition
$ 2,014,000
2003
Advanced Laundry
Lawrence
Term
$ 510,000
2000
Benjamin Franklin Cummings Institute of Technology (BFCIT)
Boston, Nubian Square
Construction Bridge
$ 4,750,000
2023
Berkshire Capital Investors, Berkshire Venture Fund (BCI Fund II)
Western MA
Equity
$ 3,000,000
1999
Berkshire Technology Partners, LLC, Commercial Bldg Rehab/Cooper Technology Center
Pittsfield
Acquisition and Construction
$ 348,750
2001
BioEngineering Group
Salem
Working Capital
$ 743,142
2002
BioEngineering Group, River Wharf Realty
Salem
Term (construction of second floor)
$ 200,000
2002
Biofertec
Cambridge
Working Capital
$ 275,000
2001
Biofertec, Medical Device
Equity- follow on
$ 175,000
2002
Brewery Development Corp.
Jamaica Plain
Permanent
$ 850,000
2011
Brewery Development Corp., The Brewery
Boston
Permanent
$ 1,080,000
2014
Cambridge NanoTech, Inc.
Cambridge
Term, mezzanine
$ 1,000,000
2011
Carter Street LLC, New Industrial Facility
Chelsea
Term
$ 2,150,000
2002
City Of Boston Loan Fund: Minority and Women Owned, Small Business Loan Fund
Boston
Loan Fund
$ 50,000
2004
Custom Blends, Natural Kitchen / Cindy’s Kitchen
Brockton
Construction and Permanent
$ 4,600,000
2015
Page 1 of 6

Total Economic Development Investments:  $95,494,895

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