Loans Funded

Bay Colony Development Corp. has funded quality loans in excess of $625 million to well over 1300 growing businesses throughout Massachusetts, Rhode Island, New Hampshire, Connecticut, and Vermont representing over $1.7 billion dollars in total project financing. The many loans we have funded over the years are listed here, and we invite you to review them to get a sense of the kinds and scope of loans we have funded.

Loans Funded May 2025

Loans funded in May 2025 ranged from $339,000 to $5,000,000 and provided assistance to businesses located in Charlestown, Winchester, Egremont and Oakham, MA. The projects will contribute to the creation of 24 Jobs.

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Loans Funded April 2025

Loans funded in April 2025 ranged from $125,000 to $3,106,000 and provided assistance to businesses located in Leicester, Boston, North Billerica, Lenox, South Boston, Franklin, Marblehead, Lowell, Somerville, Palmer & North Reading, MA as well as Chichester, NH. The projects will contribute to the creation of 61 Jobs.

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Loans Funded March 2025

Loans funded in March 2025 ranged from $144,000 to $984,000 and provided assistance to businesses located in Canton, Essex, Wareham, Lynn, Haverhill, Mashpee, Leicester & Beverly, MA. The projects will contribute to the creation of 42 Jobs.

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Loans Funded February 2025

Loans funded in February 2025 ranged from $197,000 to $1,846,000 and provided assistance to businesses located in New Milford, CT, Stoneham, MA and Woonsocket, RI. The projects will contribute to the creation of 1 Job.

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Loans Funded January 2025

Loans funded in January 2025 ranged from $269,000 to $1,087,000 and provided assistance to businesses located in Salem, Sterling, Cambridge & Dracut, MA. The projects will contribute to the creation of 32 Jobs.

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Erik Adams 781.478.3653

Eberto Ranero 781.478.3652

Laura Brown 781-478-3669

Heather Storme 781.478.3667

Mike Horrigan 508.661.9437