Recent Lending Activity

Our lenders have been super-busy.

North Shore Bank lenders work with companies of all types and sizes to structure loan packages that allow them to meet their business objectives.  Our commercial lenders are committed to the business community and as you can see they are active throughout the local community and beyond.

Want proof? Check out some of these recent deals . . .
Project Description Location   Amount
Construction Loan - Mixed use Retail and Residential Exeter, NH $ 3,502,070
Real Estate Loan - 14-Unit Apartment Building Maynard, MA $ 240,500
Construction Participation Loan - Solar and Battery Storage Facility Rochester, NH $ 4,000,000
Construction Loan - 8-Lot Subdivision  Acton, MA $ 1,1850,000
Real Estate Loan - Acquisition and Development Medford, MA $ 997,250
Bridge Financing - Refinance and Leasehold Improvements - Coffee Shop, Roasting and Commissary Kitchen Salem, MA  $ 576,000
Acquisition and Development - Mixed Use Brookline, MA $ 3,211,650
Construction Loan - Single Family Home Lynnfield, MA $ 534,000
Acquisition of a Self Storage Facility Milford, MA $ 3,105,000
Construction Loan - 68-Unit Condominium Complex Windham, NH $ 7,510,000
Construction & Development – 12 Single-Family Homes Manchester, MA $ 1,095,000
Line of Credit – Real Estate Acquisition Falmouth, MA $ 1,350,000
Construction Participation Loan - 33-Unit Apt. Bldg. Boston, MA $ 2,400,000
Line of Credit — Pasta Manufacturer/Distributor
Term Loan
Malden MA $ 50,000
150,000
Condominium Association Loan — 99-Unit Complex Newton, MA $ 4,400,000
Construction Loan - Retail Entertainment Facility Danvers, MA $ 5,705,000
Construction & Development — Apartment Building Lynn, MA $ 3,656,000
Term Loan, Working Capital — Medical Practice Melrose, MA $ 750,000
Real Estate Loan – Retail and Office Space Reading, MA $ 660,00
Line of Credit – Working Capital
Real Estate Loan – Industrial Condo
Term Loan – Equipment Financing
So. Hampton, NH $ 300,000
160,000
39,200
Condominium Loan — 28-Unit Complex Cambridge, MA $ 600,000
Real Estate Loan – Strip Mall Saugus, MA $ 2,400,000
Real Estate Loan – Mixed Use Retail and Residential Peabody, MA $ 3,700,000
Real Estate Loan – Office/Showroom
Bridge Loan – SBA 504 Program
Term Loan – Business Acquisition
Marblehead, MA $ 187,500
150,000
350,000
Construction and Development – 3 Residential Condos Cambridge, MA $ 1,205,000
Condominium Association Loan – 159-Unit Complex Boston, MA $ 1,100,000
Residential Subdivision Middleton, MA $ 4,600,000
Acquisition & Renovation – Single Family Home Belmont, MA $ 952,580
Real Estate Loan – Office Building Saugus, MA $ 950,000
Term Loan and Line of Credit – Dental Office Boston, MA $ 1,015,000
Construction Loan – 4 Commercial & 12 Retail Units Dedham, MA $ 2,400,000
Condominium Association Loan – 40 Residential Condos Lynn, MA $ 1,200,000
Construction & Development – 6 House Lots Wilmington, MA $ 1,000,000
Real Estate Loan – Retail Strip Mall Saugus, MA $ 730,000
Line of Credit – Working Capital
Term Loan – Permanent Working Capital
Wakefield, MA $ 200,000
250,000
Construction and Rehab – Single-Family Home Newton, MA $ 2,360,000
Construction and Development – 8 Single-Family Condos Swampscott, MA $ 2,000,000
Line of Credit – Construction of 6 Single-Family Homes Epping, NH $ 1,200,000
Condominium Association Loan – 214 Residential Condos Saugus, MA $ 950,000
Construction Loan – 5 Single-Family Homes Salem, MA $ 1,370,000
Revolving Residential Construction Loan Reading, MA $ 3,000,000
Construction & Development – 3 Luxury Condominiums Somerville, MA $ 2,000,000

Need a business form? Visit our online form folder and get a jump start on the application process.

We understand that each company’s situation and goals are different — contact us online or call a North Shore Bank Commercial Lender to discuss the options available to you and to obtain a loan application.