SEED Makes Business Loan to The Blended Berry in Buzzards Bay

Sara and Jordan Thompson have worked in the food industry for 14 years. SEED made their dream of starting their own juice bar a reality with a $50,000 loan for working capital and equipment.

“It was a pleasure getting to know and working with Jordan and Sara throughout the loan process,” stated Angela Laperriere, the SEED lender for the project.  “I am very excited to see The Blended Berry join the Buzzards Bay small business community.  I wish Jordan and Sara all the best success with their new venture.”

Owners Sara and Jordan aim to provide consumers with a healthy, on-the-go alternative to fast food. The Blended Berry will offer smoothies, fresh-pressed juices, energy bites, specialty toast, oatmeal bowls, teas, and coffees. Customers will also be able to choose from a variety of acai bowls, a popular healthy snack made with acai berries, fruits, granola, honey, and almond milk.

The Thompsons plan to introduce catering services for local businesses, and will allow customers to take advantage of “bring a buddy bowl day,” frequent buyer rewards, and free in-store samples. The Blended Berry will be open Monday through Friday from 7:00 am to 5:00 pm, and on weekends from 8:00 am to 5:00 pm.

SEED Corporation is a non-profit economic development organization certified in 1982 by the U.S. Small Business Administration.  SEED is a Community Development Financial Institution (CDFI) under the U.S. Department of the Treasury and the SBA Micro Lender for the region. Under various programs, SEED makes loans from $1,000 up to $5.5 million to assist small businesses to grow and create jobs throughout the region.

Under the SBA 504 Program, SEED can provide up to 40 percent of the financing needed behind a bank for the purchase of buildings and equipment with a life of 10 years. SEED’s portion can range from $120,000 to $5 million for most small businesses, and $5.5 million for manufacturing businesses, at a fixed interest rate below market for 20 years, currently 5.38 percent.

For more information about SEED’s Small Loan Program and SBA 504 Program, please call 508-822-1020 or visit SEED at www.seedcorp.com.

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