CRDC recently provided financing to the owners of North End Montessori in Manchester, N.H. Teaming up with Merrimack County Savings Bank, CRDC financed an SBA 504 loan for the purchase of a building in the north end of Manchester across the street from the Currier Museum of Art.
At a recent ribbon cutting event, owner, Susan Bradley thanked CRDC and Merrimack County Savings Bank for their combined commitment to the project, "we are very thankful to our lenders, CRDC and Merrimack County Savings Bank, for their continued commitment on seeing our vision and our dream of transforming this building into a leading Montessori learning center."
"Susan made it easy to support the financing request," said CRDC Loan Officer, Jennifer Boulanger, "she presented a detailed business plan along with financial projections which clearly outlined the need for diverse early childhood education." Fifteen new jobs are projected to be created from the financing and opening of this new learning center.
Photo Caption: (L-R) CRDC Loan Officer, Jennifer Boulanger with North End Montessori Owner, Susan Bradley, and Merrimack County Savings Bank VP of Commercial Lending, Tom Dustin.
Photo Caption: More than 50 people attending the ribbon cutting ceremony celebrating the opening of North End Montessori School.