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.
Another SBA 504 Loan Success Story
A successful firm, focusing on outpatient medical treatment, has been growing rapidly. In 2009, Bay Colony helped to finance the company’s acquisition of a medical condominium in North Andover. A year later, when the business sought to acquire a building in a...
Leominster, MA Plastics Manufacturer Secures 504 Loan through Bay Colony
When a Leominster plastics manufacturing company decided to expand its warehousing capacity it turned to Bay Colony for Section 504 financing once again. The acquisition of a 72,000 square foot building, in an adjoining community, will provide the company with access...
Loans Funded September 2010
The following Bay Colony clients received SBA 504 funding in September. Combined, these projects are expected to create more than 20 new jobs! Attorney in Boston Project for purchase of a commercial unit in downtown Boston $940,000 total project $383,000 – BCDC...
Loans funded August 2010
The following Bay Colony clients received SBA 504 funding in August. Combined, these projects are expected to create more than 30 new jobs! IT Solutions company Project for purchase of building in Pembroke, MA $3 million total project $1,211,000 – BCDC portion Hector...
Loan Funded July 2010
Bay Colony was able to get numerous SBA 504 loans approved for our borrowers in July. Here are some highlights of the projects we helped fund last month: Physical Therapist in Essex Junction, VT Project for construction of office condo Total Project Cost $762,000 BCDC...
