Funding supports purchase of new equipment for local day spa
The North Central Massachusetts Development Corporation (NCMDC), the economic development arm of the North Central Massachusetts Chamber of Commerce recently granted a $50,000 loan to support the purchase of a new laser system equipment for Lyla’s Beauty Bar in Acton, which offers laser hair removal, electrolysis and skin rejuvenation.
“When I opened Lyla’s Beauty Bar in December 2019, I needed a loan to help with the startup costs of establishing my new business,” said Surinee Piwchuen, owner, Lyla’s Beauty Bar. “Thanks to my continued relationship with the North Central Massachusetts Development Corporation, I’m now able to expand our services to include body sculpting for customers using a new laser system.”. For more information visit https://lylabeautybar.com.
As a microloan lender, NCMDC can provide loans to small businesses up to $250,000 for working capital, real estate, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project.