CRDC is Helping Businesses Survive, Emerge and Succeed


  • "Elm Grove Companies has turned a building once used for drug and alcohol rehabilitation into a 32-unit mini-flat style apartments, a first of its kind in New Hampshire. With financing assistance from …"
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Five months into CRDC's fiscal year and the organization is helping New Hampshire’s economy during these challenging times. According to Stephen Heavener, CRDC's Executive Director, CRDC has

Five months into CRDC's fiscal year and the organization is helping New Hampshire’s economy during these challenging times. According to Stephen Heavener, CRDC's Executive Director, CRDC has successfully financed six businesses around the state in towns like; Claremont, Hooksett, Concord and Boscawen.

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Total lending to date since October 1, 2011 is $1,989,000.

Direct loans: $300,000

SBA 504: $1,689,000

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"Perhaps the most important aspect of our loan closings is our banking partners," says Heavener,  "which include; Centrix Bank, Hampshire First Bank, Mascoma Bank, Merrimack County Savings and St. Mary’s Bank. All of whom see the value of CRDC’s mission and our expertise with SBA 504. Our loan officers work hard to ensure the interests of the banks and their customers are met. We are proud to be an extension of their lending team. We play a critical role in assisting with the state’s economic recovery."



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