Worcester Business Journal

October 30, 2023-Fact Book

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6 Worcester Business Journal | October 30, 2023 | wbjournal.com $1,198,000 Office Building Auburn, MA Commercial Real Estate Loan $3,200,000 Apartment Complex Worcester, MA Construction to Permanent Loan $1,450,000 Self Storage Facility Lancaster, MA Construction to Permanent Loan $1,400,000 Wine Vineyard Shrewsbury, MA Commercial Real Estate Loan To learn how we can help your business, contact: Jeanie Connolly Senior Vice President – Commercial Loan Officer, MLO #1635895 28 Franklin Street, Worcester, MA | 508.890.9048 PROUD TO BE YOUR LOCAL LENDER OF CHOICE: $500,000 Environmental Firm Sterling, MA Working Capital Line of Credit F A C T B O O K it encapsulated everything they were trying to do with their business, she said. As the economic landscape poses hardships for companies across Worcester 181,045 206,519 205,063 205,660 205,319 Framingham 68,318 72,381 72,136 71,289 70,963 Leominster 40,759 43,793 43,744 43,668 43,646 Fitchburg 40,318 41,945 41,659 41,592 41,502 Marlborough 38,499 41,799 41,654 41,142 40,971 Shrewsbury 35,608 38,321 38,449 39,088 39,805 Natick 33,006 37,013 36,891 36,416 36,272 Franklin 31,635 33,272 32,341 33,136 33,656 Milford 27,999 30,382 30,329 30,308 30,196 Acton 21,924 24,016 23,938 23,848 23,829 Source: U.S. Census Bureau Update May 2023 2010 decennial 2020 decennial July July July Community census census 2020 2021 2022 Largest communities in Central Massachusetts industries, B Corp status helps Redemption Rock keep its eye on the mission. "We are trying to be the best company we can, while also trying to survive," said Babineau. Unlike nonprofits, which by design are required to have the intention of collective social benefit, for- profit companies do not have the same obligations to the common good. Buttoned-up accounting and recreational drinking don't necessarily bring to mind commitment to improving the business ecosystem for the wellbeing of society, but McLaren & Associates are doing things differently to make life better. B Corp certification is a signal to customers, investors, and fellow business owners of that commitment, McLaren said. "It has a ripple effect for positive differences for everyone," said McLaren. Continued from previous page W

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