Congratulations to Boston Private Bank & Trust Company for closing a $12,000,000 loan for the benefit of Friends of Excel Academy Charter Schools, Inc. Boston Private purchased tax exempt bonds from Massachusetts Development Finance Agency and made the proceeds from the sale of the bonds available to finance the construction of a 19,700 square foot middle school building located at 375 Bremen Street, East Boston, Massachusetts. The new middle school will include classrooms, offices, support rooms, and related facilities for the students of Excel Academy Charter School.