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 June 2023

Loans funded in June 2023 ranged from $322,000 to $923,000 and provided assistance to businesses located in Billerica, North Andover, Salem, Lincoln & Worcester, MA. The projects will contribute to the creation of 13 Jobs.

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Loans Funded May 2023

Loans funded in May 2023 ranged from $139,000 to $1,417,000 and provided assistance to businesses located in New Ashford, South Boston, Tyngsboro, Worcester, Hudson, MA as well as Newport, RI and Hollis, NH. The projects will contribute to the creation of 23 Jobs.

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Loans Funded April 2023

Loans funded in April 2023 ranged from $95,000 to $578,000 and provided assistance to businesses located in Tyngsboro, Dracut, Rutland & Watertown, MA as well as Stafford, CT. The projects will contribute to the creation of 8 Jobs.

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Loans Funded March 2023

Loans funded in March 2023 ranged from $248,000 to $1,783,000 and provided assistance to businesses located in Ayer, Lynn, Yarmouth Port, Waltham, Pembroke, Framingham, Randolph, Oxford & Raynham, MA as well as Providence, RI and Amherst and Exeter, NH. The projects will contribute to the creation of 65 Jobs.

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Loans Funded February 2023

Loans funded in February 2023 ranged from $94,000 to $2,555,000 and provided assistance to businesses located in Marlborough, Pepperell, Townsend, Lee, Brookline, Amesbury, MA as well as Woodstock, VT. The projects will contribute to the creation of 8 Jobs.

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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