Grafton spa approved for a $32K NCMDC loan
Photo | Courtesy of North Central Massachusetts Development Corp.
Scarlet Spa and Wellness Center received the ceremonial big check from the North Central Massachusetts Development Corp. Pictured (from left) are Jennifer Lachapelle, owner of Scarlet Spa; and Steve Sugar, NCMDC vice president of lending.
Scarlet Spa and Wellness Center was approved for a $32,000 loan from the North Central Massachusetts Development Corp.
The loan will allow for new spa equipment and supplies at its new location on Grafton Common, according to a Wednesday press release from NCMDC.
Jennifer Lachapelle, licensed esthetician and spa owner, was assisted by the Small Business Development Center at Clark University in Worcester in formulating her business plan. She was also referred to the NCMDC by Oxford-based bankHometown.
“As a proud spa owner, I am happy to offer my customers quality services,” Lachapelle said in a press release. “With the support of the North Central Massachusetts Development Corporation, my business has a new place to call home and will offer me opportunities for continued growth.”
Lachapelle started the boutique spa and wellness center in 2014 and provides facial and bodywork treatments, which include waxing, massages, salt therapy, and relaxation space.
The North Central Massachusetts Development Corp. is the economic development arm of the North Central Massachusetts Chamber of Commerce, based in Fitchburg. The NCMDC is a U.S. Small Business Administration microloan lender that provides loans of up to $250,000 for working capital, real estate, equipment, inventory, expansion, and providing gap financing in association with banking partners.
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