Granite State Development Corporation  

  Granite State Development Corporation and its subsidiary, New England Business Finance, is a Certified Development Company operating in New England. Granite State is a private, not-for-profit company which was established to administer the SBA 504 Loan Program throughout Maine, New Hampshire, Vermont and Massachusetts.

The SBA 504 Loan Program enables small businesses to acquire long-term subordinated debt at below market rates. By working together with local banks, we have become the largest CDC in Maine and throughout New England, providing more that $750 million of 504 financing, while leverage more than $1.8 billion in project costs, to over 2,500 small businesses in New England since receiving certification in 1982.
Contact:   Jim Maxwell
504 State Director
  Cell/Direct Line: 207-337-0039
    Scott Gardiner
Vice President
Address:   183 Newhall Road
Wells, ME 04090
  Phone: 207-646-5988
Fax: 207-641-0981
    #1 Cate Street, 3rd Floor
Portsmouth, NH 03801
  Phone: 603-436-0009
Fax: 207-436-5547
  MEREDA Member since 2010.
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