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 July 2020

Loans funded in July 2020 ranged from $103,000 to $1,293,000 and provided assistance to businesses located in Chelmsford, Maynard, Peabody, Hudson and Norwood, MA. The projects will contribute to the creation of 29 Jobs.

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Loans Funded June 2020

Loans funded in June 2020 ranged from $69,000 to $2,786,000 and provided assistance to businesses located in North Andover, East Boston, Roxbury, Acton, Boylston, Woburn, Salem, Lunenburg and Billerica, MA as well as West Warwick, Cumberland and North Providence, RI. The projects will contribute to the creation of 43 Jobs.

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Loans Funded May 2020

Loans funded in May 2020 ranged from $130,000 to $1,010,000 and provided assistance to businesses located in Norwood, Methuen, Lawrence, Dedham, Concord & Holbrook, MA, as well as Cumberland, Cranston & East Providence, RI and Enfield, NH. The projects will contribute to the creation of 14 Jobs.

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Loans Funded April 2020

Loans funded in April 2020 ranged from $99,000 to $557,000 and provided assistance to businesses located in Marion, South Harwich, Middleton and North Andover, MA, as well as Pawtucket, RI. The projects will contribute to the creation of 7 Jobs.

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Loans Funded March 2020

Loans funded in March 2020 ranged from $15,000 to $589,000 and provided assistance to businesses located in Gloucester, Westford, Dracut, South Easton, Reading, Merrimac and Hingham, MA as well as North Kingstown, Bristol and East Providence, RI. The projects will contribute to the creation of 17 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