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 2016

Restaurant, Ipswich, MA Purchase real estate Total project costs of $650,000; BCDC contribution of $268,000 1 Job will be created Dance Studio, Beverly, MA Purchase real estate Total project costs of $405,000; BCDC contribution of $168,000 1 Job will be created Pet...

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Loans Funded April 2016

Commercial Truck Repair and Truck Cleaning, North Smithfield, RI Purchase real estate & improvements Total project costs of $2,500,000; BCDC contribution of $1,022,000 10 Jobs will be created Dry Cleaner and Tailor, Lexington, MA Purchase real estate Total project...

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Loans Funded March 2016

Event Planning Facility, Middletown, RI Purchase real estate Total project costs of $9,444,000; BCDC contribution of $3,882,000 4 Jobs will be created Tattoo & Body Piercing, Nashua, NH Purchase real estate & improvements Total project costs of $270,000; BCDC...

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Loans Funded February 2016

Hotel, West Yarmouth, MA Property Improvements Total project costs of $1,059,000; BCDC contribution of $384,000 6 Jobs will be created Restaurant, Marlborough, MA Purchase real estate Total project costs of $940,000; BCDC contribution of $390,000 1 Jobs will be...

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Loans Funded January 2016

Law Firm, Lynn, MA Purchase real estate Total project costs of $450,000; BCDC contribution of $187,000 1 Jobs will be created Law Firm, Londonderry, NH Purchase real estate Total project costs of $134,000; BCDC contribution of $58,000 2 Jobs will be created Sports...

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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