$110K in loans to food truck, landscaper, grocery store
Courtesy NCMDC
Sandie Cataldo, Economic Development Manager, NCMDC, Jason Piland, Owner Piland Landscaping, Bruce Larsen, VP Lending, NCMDC.
The North Central Massachusetts Development Corporation has released small-business loans totaling $109,500 to three local businesses, the organization announced last week.
The loans will allow the businesses to start up or expand and will create 25 new jobs in North Central Massachusetts, according to the North Central Massachusetts Development Corporation (NCMDC).
Yolanda’s Food Truck has received $14,500 toward starting a food truck business that will sell Uruguayan food as well as hamburgers and hotdogs in the Leominster area. This loan will provide the funds to outfit the truck with a fire suppression system required by the Leominster Fire Department, according to the NCMDC, allowing owner Yolanda Rodriquez to cook food in her truck and expand her menu.
Piland Landscaping, based in Leominster, has received $20,000 toward purchasing a skid steer and to provide working capital to help expand this landscaping and snowplowing business. Jason Piland opened the business almost a year ago after ten years of experience working for a local landscaper, and has secured residential and business contracts, according to the NCMDC.
Ayer Shop ’n Save received a $75,000 loan to help with start-up costs to reopen the only supermarket located in Ayer. The market will be at the former Hannaford Supermarket, which closed in 2014. Mike Szelest, along with his wife and son, will operate it as a full service supermarket offering national and “house” brands, a full service deli as well as beer and wine, according to the NCMDC.
The NCMDC is a nonprofit with the mission of creating jobs and improving the economy of North Central Massachusetts. It is certified by the U.S. Small Business Administration, and the U.S. Department of the Treasury under the Community Development Financial Institutions Program. Since 1996, the NCMDC has granted more than $4,200,000 in loans to small businesses to help grow jobs and the economy in 26 communities in the North Central Massachusetts region.
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