Baldwinville Station Restaurant OK'd for real estate purchase

Matt Garay, Gardner News
·2 min read

TEMPLETON — The North Central Massachusetts Development Corp. (NCMDC), the economic development arm of the North Central Massachusetts Chamber of Commerce, recently granted a $67,000 loan in partnership with Athol Savings Bank to purchase the real estate that houses Baldwinville Station Restaurant at 9 Circle Street in Baldwinville.

The Baldwinville Station Restaurant is a family-owned and operated breakfast and lunch establishment, which is open 5:30 a.m. to 2 p.m. seven days a week and is a popular breakfast spot in Baldwinville.

"It was a referral from Athol Savings Bank," said Roy Nascimento, president & CEO of the North Central Massachusetts Chamber of Commerce, about how Baldwinville Station applied for the loan. "We partnered with the bank to help fill a funding gap on a larger loan that the bank provided, which helped make the real estate purchase a reality."

Sandie Cataldo, economic development manager at the North Central Massachusetts Development Corp., left; Diana and Shawn Graham, owners of the Baldwinville Station Restaurant; and Rebecca Beaton, vice president of lending at the North Central Massachusetts Development Corp.
Sandie Cataldo, economic development manager at the North Central Massachusetts Development Corp., left; Diana and Shawn Graham, owners of the Baldwinville Station Restaurant; and Rebecca Beaton, vice president of lending at the North Central Massachusetts Development Corp.

The loan officers on the chamber's economic development team evaluated the loan request per its loan policies. The loan was then reviewed and approved by the loan committee and the chamber's board of directors, Nascimento said.

“When we bought the business four years ago, we concentrated on running the restaurant like we had when we owned Rockin’ Robins on Main Street in Athol,” said Shawn Graham, who has owned the business since 2018. “Thanks to this partnership with Athol Savings Bank and support from the North Central Massachusetts Development Corp., we’re able to focus on taking care of our loyal customers.”

Baldwinville Station Restaurant
Baldwinville Station Restaurant

Visit https://www.baldwinvillestation.com for more information.

As a microloan lender, NCMDC can provide loans to small businesses up to $250,000 for working capital, real estate, equipment, inventory, expansion, and working with banking partners to provide gap financing for the final piece of a project.

"We can also work with local banks, credit unions and other economic development institutions to provide gap financing for the final piece of a project," Nascimento said.

For more information about the NCMDC loan programs, call 978-353-7607 or visit NorthCentralMass.com or ChooseNorthCentral.com/.

This article originally appeared on Gardner News: Baldwinville Station Restaurant OK'd for real estate purchase