News
Stay up to date with the latest SBA industry news and the most recent projects in which Bay Colony Development has participated.
Latest Loans Funded
Loans Funded February 2024
Loans funded in February 2024 ranged from $94,000 to $299,000 and provided assistance to businesses located in Orleans and Shirley, MA. The projects will contribute to the creation of 3 Jobs.
Loans Funded January 2024
Loans funded in January 2024 ranged from $227,000 to $1,030,000 and provided assistance to businesses located in Ashby, Leominster, Waltham, MA, as well as Manchester, CT. The projects will contribute to the creation of 11 Jobs.
Loans Funded December 2023
Loans funded in December 2023 ranged from $170,000 to $489,000 and provided assistance to businesses located in Fall River and Swampscott, MA, as well as Lincoln and Sunapee, NH. The projects will contribute to the creation of 14 Jobs.
Loans Funded November 2023
Loans funded in November 2023 ranged from $220,000 to $5,500,000 and provided assistance to businesses located in South Yarmouth, Framingham, Stoughton, Wrentham, Boston, Holyoke, MA, as well as Providence and Woonsocket, RI, and Hamden, CT. The projects will contribute to the creation of 69 Jobs.
Loans Funded October 2023
Loans funded in October 2023 ranged from $101,000 to $1,148,000 and provided assistance to businesses located in Billerica, Shrewsbury, North Andover, Haverhill, Norwood, MA, as well as Cranston and Cumberland, RI, Nashua, NH and Windsor Locks, CT. The projects will contribute to the creation of 27 Jobs.
Bay Colony and Industry News
Roses Restaurant- Lee, MA
Congratulations to our borrower, Roses Restaurant, for being featured in Berkshires Week as one of the top 7 picks for places to linger with a friend over lunch! Roses is located at 160 Housatonic Street in Lee and is open for Breakfast, Lunch and Brunch. Stop by...
The SBA 504 Program Just Reached $100 Billion in All Time Loan Fundings!
Join us as we celebrate a huge milestone for the CDC lending industry. CDC lenders and the SBA have helped over 175,000 small business owners receive $100,040,561,000.00 in all time SBA 504 financing. The total impact, which includes the financing from third party...
504 Fees for Fiscal Year 2022
Each year, the Small Business Administration (SBA) reviews certain fees payable to the Agency by 504 borrowers to determine if any of those fees need to be adjusted to cover the estimated subsidy costs of the 504 loan program. Program fees paid on 504 loans for loans...
Coming Soon – Laura Brown
Coming Soon- Laura Brown
Bay Colony Development Corp 40 Year Anniversary
Bay Colony Development Corp. 40 Year Anniversary