MDD Hospitality Group II Inc.
MDD Hospitality Group II Inc. is a full-service restaurant business located in Wareham, Massachusetts, classified under NAICS code 722511. The company financed real estate or equipment through an SBA 504 loan of $1,632,000, approved on June 1, 2026, with North Easton Savings Bank as the partner lender and Granite State Economic Development Corporation as the certified development company.
SBA 504 loan, approved Jun 1, 2026
$1,632,000 SBA portionCDC: Granite State Economic Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,632,000
- Bank portion
- $1,980,000
- Estimated project size
- $4,013,333 (estimated)
- Estimated owner equity
- $401,333 (estimated, about 10% of the project)
- Bank lender
- North Easton Savings Bank, South Easton, MA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 1, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 99
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Barnstable County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-9
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 58% of expansion loans in Full-Service Restaurants on this site.
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- Average expansion loan in Massachusetts: $2,009,683.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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