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 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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Loans Funded May 2015

Sports Apparel, Lawrence, MA Purchase real estate Total project costs of $600,000; BCDC contribution of $249,000 4 Jobs will be created Medical Office, Boston, MA Purchase real estate Total project costs of $848,000; BCDC contribution of $342,000 5 jobs will be...

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Loans Funded April 2015

Medical Office, Lexington, MA Purchase real estate Total project costs of $162,000; BCDC contribution of $69,000 2 Jobs will be created Medical Office, Portsmouth, RI Purchase real estate Total project costs of $290,000; BCDC contribution of $122,000 2 jobs will be...

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Loans Funded March 2015

Distributor of Fertilizers, Wareham, MA Purchase real estate and renovations Total project costs of $1,000,000; BCDC contribution of $414,000 3 Jobs will be created Retail Furniture Sales, Middleton, MA Purchase real estate and renovations Total project costs of...

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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