Tag Archives: Bluestone Bank

Bluestone Bank closes on Monahan Marine acquisition

Bluestone Bank has closed on a commercial lending deal with Monahan’s Marine. Established in 1961, Monahan’s Marine is a south-shore boating institution that specializes in the servicing, storing, and selling of boats and boat parts from its headquarters in Weymouth, Mass. For this commercial deal, Bluestone  did an SBA-7A loan for the acquisition of the business and an SBA 504 ...

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