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 2024

Loans funded in May 2024 ranged from $146,000 to $2,821,000 and provided assistance to businesses located in Agawam, Danvers, Newbury, Plainville, Woburn, Hyannis, Lowell and Sherborn, MA. The projects will contribute to the creation of 46 Jobs.

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Loans Funded April 2024

Loans funded in April 2024 ranged from $95,000 to $1,867,000 and provided assistance to businesses located in Beverly, Harvard, Andover, Woburn, Medford, Sterling & Upton, MA. The projects will contribute to the creation of 5 Jobs.

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Loans Funded March 2024

Loans funded in March 2024 ranged from $150,000 to $873,000 and provided assistance to businesses located in Plymouth, Danvers, Pembroke, Harvard, Milton, Amesbury & Haverhill, MA, as well as Smithfield, RI and Dover, NH. The projects will contribute to the creation of 5 Jobs.

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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.

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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.

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Erik Adams 781.478.3653

Eberto Ranero 781.478.3652

Laura Brown 781-478-3669

Heather Storme 781.478.3667