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 October 2015

Stone & Granite Sales, Billerica, MA Purchase real estate Total project costs of $1,750,000; BCDC contribution of $722,000 4 Jobs will be created Talent Acquisition Firm, Newport, RI Purchase real estate & Improvements Total project costs of $378,000; BCDC...

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Loans Funded September 2015

Accounting Firm, Andover, MA Purchase real estate Total project costs of $170,000; BCDC contribution of $72,000 1 Jobs will be created Flooring Installer, Canton, MA Purchase real estate Total project costs of $930,000; BCDC contribution of $347,000 2 jobs will be...

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Loans Funded August 2015

Medical Office, Boston, MA Purchase real estate Total project costs of $726,000; BCDC contribution of $295,000 3 Jobs will be created Hair Salon, Somerville, MA Purchase real estate Total project costs of $244,000; BCDC contribution of $103,000 1 jobs will be created...

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Loans Funded July 2015

Restaurant, Framingham, MA Purchase real estate, improvements and equipment Total project costs of $1,710,000; BCDC contribution of $706,000 5 Jobs will be created Restaurant/ Deli, Belmont, MA Purchase real estate and equipment Total project costs of $1,034,000; BCDC...

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Loans Funded June 2015

Florist, Worcester, MA Purchase real estate Total project costs of $235,000; BCDC contribution of $99,000 2 Jobs will be created Grocery Store, Westminster, MA Purchase real estate Total project costs of $750,000; BCDC contribution of $310,000 1 jobs will be created...

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Eberto Ranero 781.478.3652

Laura Brown 781.478.3669

Heather Storme 781.478.3667

Mike Horrigan 508.661.9437