On July 6, TD Bank, America’s Most Convenient Bank, announced that its New England Education, Not-for-Profit and Government Finance Group closed a $10-million loan that will help empower students with special needs.
The loan will go directly to the private, non-profit Cotting School for the enhancement and expansion of its facilities. Cotting focuses on educating children with special needs and aims to help them achieve their highest potential and level of independence. The school currently has 110 students, ranging from ages 3 to 22, from Massachusetts and southern New Hampshire.
“TD Bank is pleased to support an inspiring school, whose mission is aligned with our own organization’s commitment to diversity and inclusion and furthering the advancement of individuals with diverse abilities,” said Daniel F. Shimkus, Jr., Commercial Regional Group Manager for TD’s Education, Not-for-Profit and Government Finance Group. “By using this funding to expand and renovate its facilities, the Cotting School will continue to provide a supportive and positive environment where students with special needs can grow and develop.
The funding will be used to partially finance the construction of a 25,000-square-foot addition which will include a full-size gymnasium, two candlepin bowling lanes, a fully accessible climbing wall and academic space. The remainder will be financed with fundraising proceeds.
“Our school is pleased to work with TD Bank on a project that will benefit our current students with special needs and students for generations to come,” said David Manzo, Cotting School president. “The process with TD Bank from proposal to closing was seamless and their staff was responsive and thorough.”
The deal was closed by Aubrey Theall, Senior Relationship Manager, TD Bank.