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 April 2014
Home Health Care Service in Leominster, MA Purchase of real estate and renovations Total project costs of $308,271.50; BCDC contribution of $129,000 150 jobs will be created Subway Restaurant in Newport, RI Purchase of real estate Total project costs of $246,000; BCDC...
Loans Funded March 2014
Loan Fundings Floor Covering Store in Nashua, NH Purchase of real estate and renovations Total project costs of $1,802,257; BCDC contribution of $720,000 6 new jobs will be created Restaurant in Warren, RI Purchase of real estate Total project costs of $1,402,835;...
Loans Funded December 2012
$539,000 Real Estate Purchase in Southern, NH by a Construction Supply Company $550,000 Purchase and fit-out of Veterinary Hospital in Topsfield, MA $503,00 Project to install Solar Panels on an owner-occupied building in Worcester, MA $1,100,000 purchase and fit-out...
Loans Funded January 2012
HVAC Company in Danvers, MA Project was purchase of real estate Donna McMillan from Eastern Bank was the lender $271,000 purchase price $114,000 Bay Colony contribution 10 new jobs will be created Dental Practice in Brookline, MA Project was for the purchase and...
Loans Funded December 2011
Car Dealership in Avon, MA Project was for the purchase of real estate $800,000 total project - $330,000 Bay Colony Contribution Chuck Black from Bank New England was the lender 6 new jobs will be created Athletic Center in Everett, MA Project was for the purchase of...
