December 20, 2012 | last updated December 20, 2012 10:48 am

Rockport investor gets $2.4M rural development loan

A Rockport-based company has landed a $2.37 million loan guarantee from a federal rural development program to purchase property in South Portland.

The company, 53 Darling LLC, received the loan to buy a 29,000-square-foot leased property at 53 Darling Ave. in South Portland, according to a press release.

Two companies occupy space in that building, according to the release, and employ 140 people.

The loan comes in partnership with Androscoggin Bank as a part of the federal program aimed at improving the economic and environmental climate in rural communities.

The investment property is on a lot adjacent to the Maine Mall. The deal was brokered by Portland-based NAI The Dunham Group.


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