Verona Home Furniture Inc.
Verona Home Furniture Inc. is a furniture retailer in Framingham, Massachusetts, classified under NAICS 449110 (Furniture Retailers). The company was approved for an SBA 504 loan to finance real estate or equipment, with an SBA portion of $1,235,000 and a total project amount of $1,500,000, through Rockland Trust Company and the New England Certified Development Corporation. The loan approval date is August 4, 2026.
SBA 504 loan, approved Aug 4, 2026
$1,235,000 SBA portionCDC: New England Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,235,000
- Bank portion
- $1,500,000
- Estimated project size
- $3,038,889 (estimated)
- Estimated owner equity
- $303,889 (estimated, about 10% of the project)
- Bank lender
- Rockland Trust Company, Rockland, MA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 4, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 449110, Furniture Retailers
- Project location
- Middlesex County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-5
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 8% of expansion loans in Furniture Retailers on this site.
- Average expansion loan in Furniture Retailers: $2,338,737.
- 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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