From the community

Rockport business has new owners thanks to partnership with EMDC

Posted Jan. 17, 2014, at 4:46 p.m.

BANGOR, Maine — Thanks to a partnership between Eastern Maine Development Corp., The First and the U.S. SBA, a Rockport motor inn is under new ownership.

Scott Perry worked with EMDC and its funding partners and recently purchased the 23-room Schooner Bay Motor Inn on Commercial Street. The Schooner Bay Motor Inn has been a part of the Rockport business community since 1997.

Located in the heart of Maine’s midcoast region, a short drive from popular destinations like Camden and Rockland, the Schooner Bay Motor Inn combines hotel like privacy with a bed and breakfast feel — and keeps room rates closer to those for a traditional motel.

Perry’s purchase of the business will create two new jobs.

While the business is closed for the season, Perry and his staff are taking reservations for the upcoming operating season. The Schooner Bay Motor Inn reopens in May. Additional information about the property and online reservations are available on the motel’s website, www.sbaymotorinn.com or by calling 888.308.8855 or locally, 236-2205.

EMDC works with businesses across Maine to provide access to capital for things like real estate purchases, refinancing, equipment purchases, inventory or working capital. EMDC guides borrowers through the lending process quickly and easily and works with programs including the U.S. SBA Community Advantage 7(a) and 504 programs.

EMDC is a private, non-profit organization established in 1967. It has locations throughout the state to support a variety of programs that contribute to Maine’s economic prosperity. EMDC can be reached 942-6389 and on the web at www.emdc.org.

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