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- EIN 04-3473587
- (617) 825-4200
- 594 Columbia Road Dorchester MA 02125-3436 USA
- dbedc.org
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Nonprofit Overview
Causes: Economic Development
Mission: Lending services for low-income projects.
Programs: Db neighborhood loan fund (dbnlf): loan programs provide one-on-one pre-loan and post-loan technical assistance to small business entrepreneurs and borrowers. The business loan fund offers direct loans from $500 to $50,000 (both dbnlf capital and sba loans). Dbedc (see schedule r) is the only boston area cdc to make direct loans to small businesses. Dbnlf's two-pronged strategies of developing commercial real estate and lending to businesses reinforce each other by creating physical spaces for business and also strengthening internal business capacity. Commercial revitalization is giving new life to the commercial districts in our area. We have completed a wide array of different types of businesses.