Best Western Adams Inn
29 Hancock Street, Quincy, MA 2171 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$3.4M
Jobs Supported
45
Years Active
2011–2014
Loan History (3)
Source: SBA FOIA7(a)$78,600
Cancelled
- Approved
- Dec 11, 2013 (FY2014)
- SBA Guaranteed
- $66,810 (85%)
- Term
- 28 months (2.3 yrs)
- Interest Rate
- 4.25%
- Revolver
- 0
- Jobs Supported
- 20
- Business Type
- Corporation
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
Lender
The Bank of Canton
490 Turnpike St, Canton, MA 2021
Project Location
Norfolk County, MA
7(a)$325,600
Paid in Full
- Approved
- Apr 5, 2013 (FY2013)
- SBA Guaranteed
- $162,800 (50%)
- Term
- 36 months (3.0 yrs)
- Interest Rate
- 4.25%
- Revolver
- 0
- Jobs Supported
- 20
- Business Type
- Corporation
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
- Paid in Full
- Oct 31, 2014
Lender
The Bank of Canton
490 Turnpike St, Canton, MA 2021
Project Location
Norfolk County, MA
504$2,957,000
Paid in Full
- Approved
- Sep 21, 2011 (FY2011)
- Term
- 240 months (20.0 yrs)
- Jobs Supported
- 5
- Business Type
- Corporation
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
- Paid in Full
- Jan 31, 2015
Lender
Manufacturers and Traders Trust Company
Certified Development Company (CDC)
Bay Colony Development Corpora
230 Third Avenue, Waltham, MA 2451
Third-Party Lender
Manufacturers and Traders Trust Company · Buffalo, NY
Project Location
Norfolk County, MA
Business Details
- Business Type
- Corporation
- NAICS Code
- 721110 — Hotels (except Casino Hotels) and Motels
- Address
- 29 Hancock Street
Quincy, MA 2171
Lenders
- The Bank of Canton
- 490 Turnpike St, Canton, MA 2021
- Manufacturers and Traders Trust Company