- Lawrence Partnership
Lawrence Partnership Announces Loan Fund Expansion
by Merrimack Valley Magazine
Representatives from participating banks, community leaders and board members of the Lawrence Partnership gathered today at Eastern Bank’s “Branch of the Future” on Common Street in Lawrence to announce the expansion of its loan fund.
The City of Lawrence provides a 10% loan loss reserve to the expanded fund while Mill Cities Community Investments, the administrator of the Fund, will continue to be its primary lender.