North Shore Bank

Recent Commercial Lending Activity

North Shore Bank works 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 local business community and as you can see are active throughout the area.

Want proof? Check out some of these recent deals . . .

      Project Description Location   Amount
       
  • Construction & Development — 44-Unit Apt. Building
Lynn, MA $ 3,656,000
  • Term Loan, Working Capital — Medical Practice
Melrose, MA $ 750,000
  • Condominium Loan — 28 Unit Complex
Cambridge, MA $ 600,000
  • Line of Credit — Pasta Manufacturer/Distributor
    Term Loan

Malden, MA

$

50,000
150,000

  • Real Estate Loan – Strip Mall

Saugus, MA

$

2,400,000

  • Construction Loan – Single-Family Spec Home

Stratfford, NH

$

195,000

  • Line of Credit – Real Estate Acquisition
Falmouth, MA $ 1,350,000
  • Real Estate Loan – Mixed Use Retail/Residential
Peabody, MA $ 3,700,000
  • Real Estate Loan – Retail/Office
Reading, MA $ 660,000
  • Construction Loan – Single-Family Spec Home
Danvers, MA $ 225,500
  • Term Loan – Equipment Financing
Peabody, MA $

85,000

  • Line of Credit – Working Capital
    Real Estate Loan – Industrial Condo
    Term Loan – Equipment Financing
So. Hampton, NH $

300,000
160,000
39,200

  • Line of Credit – Working Capital
    Term Loan – Permanent Working Capital
Wakefield, MA $

200,000
250,000

  • Real Estate Loan – Office/Showroom
    Bridge Loan – SBA 504 Program
    Term Loan – Business Acquisition
Marblehead, MA $

187,500
150,000
350,000

  • Revolving Residential Construction Loan
Reading, MA $ 3,000,000
  • Construction Loan for a Sportsplex
Danvers, MA $ 5,705,000
  • Residential subdivision
Middleton, MA $ 4,600,000
  • Investment RE Mortgage for rental property
North Andover, MA $ 900,000
  • Condominium Association Loan
Revere, MA $

680,000

  • Line of Credit – Real Estate Acquisition
Falmouth, MA $

1,350,000

  • Construction Participation Loan - 33-Unit Apt. Bldg.
Boston, MA $ 2,400,000
  • Acquisition-Rennovation – Single Family Home
Belmont, MA $ 952,580
  • Construction Loan – 4 Single-Family Homes
Lynn, MA $ 800,000
  • Construction & Development – 3 Residential Condos
Cambridge, MA $ 1,205,000
  • Construction Loan – Single Family Home
Wayland, MA $   1,042,000
  • Construction & Development – 8 Single-Family Condos
Swampscott, MA $  2,000,000
  • Line of Credit – Construction of 6 Single-Family Homes
Epping, NH $ 1,200,000
  • Real Estate Loan – Retail Strip Mall
Saugus, MA $ 730,000
  • Construction & Development – 3 Luxury Condos
Somerville, MA $ 2,000,000
  • Construction & Development – 6 House Lots
Wilmington, MA $ 1,000,000
  • Real Estate Loan – North End Restaurant
Boston, MA $ 800,000
  • Construction & Rehab – Single-Family Home
Newton, MA $  2,360,000
  • Construction Loan – 5 Single-Family Homes
Salem, MA $ 1,370,000
  • Construction & Development – 12 Single Family Homes
Manchester-by-the Sea, MA $ 1,095,000
  • Contruction Loan – 4 Commercial & 12 Retail Units
Dedham, MA $ 2,400,000
  • Real Estate Loan – 12 Residential Apartments
Beverly, MA $ 875,000
  • Construction & Development – 2 Condo Conversions
Charlestown, MA $ 868,000
  • Real Estate Loan – Office Building
Saugus, MA $ 950,000
  • Working Capital Loan – Restaurant
West Newbury, MA $ 200,000
  • Term Loan & Credit Line – Dental Office
Boston, MA $ 1,015,000
  • Real Estate Loan — Land Refinance
Carver, MA $

2,000,000

 Need a form? Download a North Shore Bank loan application to jump start the 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.

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