Dorchester Bay Economic Develo
Dorchester, MA 2125
SBA Certified Development CompanyStates Served
Top Industries Financed
- Computer Systems Design Services
Quick Summary
Dorchester Bay Economic Develo is an SBA-certified Certified Development Company (CDC) headquartered in Dorchester, Massachusetts. Since 2010, they have approved 1 SBA 504 loans totaling $346K, with an average loan size of $346K. They primarily serve Massachusetts businesses.
About Dorchester Bay Economic Develo
Dorchester Bay Economic Develo is an SBA-certified Certified Development Company (CDC) headquartered in Dorchester, Massachusetts. Since 2010, they have approved 1 SBA 504 loans totaling $346K, with an average loan size of $346K. They primarily serve businesses in Massachusetts.
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Frequently Asked Questions
What does Dorchester Bay Economic Develo do?
Dorchester Bay Economic Develo is an SBA-certified Certified Development Company (CDC) based in Dorchester, Massachusetts. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Dorchester Bay Economic Develo handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Dorchester Bay Economic Develo approved?
According to SBA FOIA public records, Dorchester Bay Economic Develo has approved 1 SBA 504 loans totaling $346K since 2010. Their average loan size is $346K.
What states does Dorchester Bay Economic Develo serve?
Dorchester Bay Economic Develo primarily serves businesses in Massachusetts.
How do I apply for an SBA 504 loan through Dorchester Bay Economic Develo?
To apply for an SBA 504 loan through Dorchester Bay Economic Develo, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
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