Whitmore Family Enterprises Llc
561 Windsor Street, Somerville, MA 2143 · Chocolate and Confectionery Manufacturing From Cacao Beans (NAICS 311351)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$3.8M
Jobs Supported
237
Years Active
2017–2022
Loan History (3)
Source: SBA FOIA7(a)$1,800,000
Exempt
- Approved
- Dec 14, 2021 (FY2022)
- SBA Guaranteed
- $1,350,000 (75%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 4.00%
- Revolver
- 0
- Jobs Supported
- 77
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Chocolate and Confectionery Manufacturing From Cacao Beans (NAICS 311351)
Lender
Cambridge Savings Bank
1374 Massachusetts Ave, Cambridge, MA 2138
Project Location
Middlesex County, MA
7(a)$344,000
Paid in Full
- Approved
- Mar 28, 2017 (FY2017)
- SBA Guaranteed
- $258,000 (75%)
- Term
- 134 months (11.2 yrs)
- Interest Rate
- 6.25%
- Revolver
- 0
- Jobs Supported
- 80
- Business Type
- Corporation
- Industry
- Chocolate and Confectionery Manufacturing From Cacao Beans (NAICS 311351)
- Paid in Full
- Feb 28, 2022
Lender
Readycap Lending, Llc
200 Connell Drive, Berkeley Heights, NJ 7922
Project Location
Middlesex County, MA
7(a)$1,656,000
Paid in Full
- Approved
- Mar 28, 2017 (FY2017)
- SBA Guaranteed
- $1,242,000 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 6.25%
- Revolver
- 0
- Jobs Supported
- 80
- Business Type
- Corporation
- Industry
- Chocolate and Confectionery Manufacturing From Cacao Beans (NAICS 311351)
- Paid in Full
- Feb 28, 2022
Lender
Readycap Lending, Llc
200 Connell Drive, Berkeley Heights, NJ 7922
Project Location
Middlesex County, MA
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 311351 — Chocolate and Confectionery Manufacturing From Cacao Beans
- Address
- 561 Windsor Street
Somerville, MA 2143
Lenders
- Cambridge Savings Bank
- 1374 Massachusetts Ave, Cambridge, MA 2138
- Readycap Lending, Llc
- 200 Connell Drive, Berkeley Heights, NJ 7922