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 November 2011
Theater School in Lynn, MA Project was for purchase of real estate $560,000 total project $203,000 was the Bay Colony portion Ed Lamasney of Eastern Bank was the lender Company anticipates creating two jobs Media Management Company in Salem, MA Project was for...
Loans Funded September 2011
Medical Practice in Auburn, MA Funds were used to purchase and renovation property Project was done in conjunction with George Calameris at Millbury Savings Bank Total project of $1,360,000 – Bay Colony contributed $551,000 Company expects to create 6 new jobs...
Loans Funded July 2011
Music Store in Braintree, MA Project was for the purchase of real estate $350,000 purchase; $140,000 SBA loan James McGovern at Walpole Co-operative Bank was the participating lender Project expects to create 3 new jobs Building & Architecture Firm in Sagamore...
Loans Funded June 2011
Lumber Company in Ayer, MA Total project size: $1,647,000 Bay Colony portion was $582,000 Wally Dwyer from North Middlesex Savings was the participating lender Company expects to create 15 new jobs Construction Company in Cambridge, MA Project was for the purchase of...
Loans Funded May 2011
SBA Loan for New Hampshire Steel Detailing Company SBA loan for $245,000 purchase of real estate Bay Colony portion was $103,000 Dwight Feeney from Enterprise Bank was the participating lender This SBA-funded project is expected to create 2 new jobs in New Hampshire!...
