The North Central Massachusetts Development Corp. provided a $125,000 loan to help the owners of Crust Bakeshop fund the purchase of BirchTree Bread Co., as part of a larger financing package from TD Bank of New Jersey.
The owners of Crust Bakeshop in Worcester were approved for a license transfer for BirchTree Bread Co., also in Worcester, and plan to purchase the coffee shop in May.
When reached for comment Wednesday, BirchTree co-owners and spouses Avra Hoffman and Robert Fecteau implied they are selling the business, but they wouldn't confirm officially until after the Worcester License Commission hearing.