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 January 2023

Loans funded in January 2023 ranged from $113,000 to $1,851,000 and provided assistance to businesses located in North Reading, Lee, Mashpee, Salem, Lynn, Reading, Framingham, Chicopee, MA as well as Farmington, CT, and Smithfield, RI. The projects will contribute to the creation of 46 Jobs.

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Loans Funded December 2022

Loans funded in December 2022 ranged from $163,000 to $2,734,000 and provided assistance to businesses located in Bellingham, Chelmsford, Rockland, Holliston, Groveland, Jamaica Plain, Lynn, Boxborough, Cambridge, Peabody, North Reading, MA as well as Nashua, Portsmouth, NH, and Warwick and Smithfield, RI. The projects will contribute to the creation of 85 Jobs.

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Loans Funded November 2022

Loans funded in November 2022 ranged from $72,000 to $2,923,000 and provided assistance to businesses located in Hopedale, Ipswich, Plainville, Hopkinton, Chatham, Medford, Pepperell, Hanover, Methuen, Seekonk, Salem, Mansfield and Boston, MA as well as Manchester and Pelham, NH. The projects will contribute to the creation of 74 Jobs.

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Loans Funded October 2022

Loans funded in October 2022 ranged from $235,000 to $1,153,000 and provided assistance to businesses located in Acton, Peabody, West Yarmouth, Somerville, Dracut, Hyannis, Ayer, Danvers and Lancaster, MA as well as Wilton, Manchester, Londonderry and Merrimack, NH and Manchester, CT. The projects will contribute to the creation of 66 Jobs.

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Loans Funded September 2022

Loans funded in September 2022 ranged from $117,000 to $1,246,000 and provided assistance to businesses located in Stoughton, Methuen, Mansfield, Tyngsborough, Bellingham and Taunton, MA as well as Smithfield, RI. The projects will contribute to the creation of 12 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