The North Central Massachusetts Development Corporation (NCMDC) has recently granted two small business loans totaling $41,600 to Fight or Flight Tattoo in Fitchburg and Looking Glass located in Leominster.
NCMDC granted a loan to Fight or Flight Tattoo for $25,000. Fight or Flight is a tattoo and piercing parlor located at 206 Summer Street in Fitchburg. This loan was in partnership with TD Bank and the funds will be used to assist with the purchase of the commercial property that Flight or Flight Tattoo has leased since opening ten years ago. Owner Andy Sansone originally opened The Ink Shop tattoo parlor on Lunenburg St. in 2006 and moved to the current location in 2007 when he changed the name to Fight or Flight Tattoo. This loan helped to retain four jobs. For more information visit www.fightorflighttattoo.com.
Looking Glass received a loan from the NCMDC in the amount of $16,600. Looking Glass, located on 21 Central Court in Leominster, MA, is a full service glass company specializing in high end residential and commercial glazing in the construction industry. . Looking Glass offers a wealth of knowledge and experience aiming to complete every job with the highest standard and give their customers the best products the industry has to offer. Looking Glass was a referral from SCORE, an NCMDC business counseling partner. This loan allowed Shaun DeLisle, owner of this start-up company, to purchase a company vehicle making the transfer of tools and products more efficient.
“Helping strengthen small businesses and entrepreneurs stimulates job creation and is critical to North Central’s economic growth,” said Raymond J. Martino, President of Simonds International and Chairman of the Board of the NCMDC. “The North Central Massachusetts Development Corporation is providing much needed capital and technical assistance to help our local businesses grow and thrive in the region.”
As a microloan lender, NCMDC can provide loans to small businesses up to $75,000 for working capital, equipment, inventory, expansion and working with our banking partners provide gap financing for the final piece of a project.
The North Central Massachusetts Development Corporation (NCMDC) is a non-profit corporation with the mission of creating jobs and improving the economy of North Central Massachusetts. NCMDC is certified by the U.S. Small Business Administration (SBA), and the U.S. Department of the Treasury under the Community Development Financial Institutions (CDFI) Program. The NCMDC works in partnership with local banks, credit unions, chambers of commerce and area nonprofits to support emerging microenterprises, small businesses, and community projects with loans and business assistance. Since 1996, the NCMDC has granted over $4,200,000 in loans to small businesses to help grow jobs and the economy in 26 communities in the North Central Massachusetts region.
For more information about the NCMDC and its loan programs, call 978.353.7607.