Massachusetts Banking Partners
Lender Name: Hoosac Bank
Contact Name: Tracy L. McConnell, Business Lending Officer
Contact e-mail: tmcconnell@hoosacbank.com
Contact phone/fax: 413-663-2189
Address: 93 Main Street
City: North Adams
State: MA
Zip: 01247
Geographic Service Area: Berkshire County
Description of Product:
Revolving lines of credit: Interest only monthly payments; rate indexed to the Wall Street Journal Prime Index. Commercial real estate loans: Up to 15 years; 75% of appraised value (or purchase price, whichever is less). Term/equipment loans: Up to 80% loan-to-value on new equipment or 70% on used equipment. Up to 10 years.
Technical Assistance Partners:
Not-for-profit intermediaries.