News
Stay up to date with the latest SBA industry news and the most recent projects in which Bay Colony Development has participated.
Latest Loans Funded
Loans Funded August 2024
Loans funded in August 2024 ranged from $99,000 to $919,000 and provided assistance to businesses located in Franklin, South Dennis and Burlington MA, as well as Warwick, RI. The projects will contribute to the creation of 20 Jobs.
Loans Funded July 2024
Loans funded in July 2024 ranged from $392,000 to $2,468,000 and provided assistance to businesses located in East Falmouth, Somerville and Plymouth MA. The projects will contribute to the creation of 10 Jobs.
Loans Funded June 2024
Loans funded in June 2024 ranged from $126,000 to $2,047,000 and provided assistance to businesses located in Lynn, Waltham, Sterling & Methuen MA. The projects will contribute to the creation of 22 Jobs.
Loans Funded May 2024
Loans funded in May 2024 ranged from $146,000 to $2,821,000 and provided assistance to businesses located in Agawam, Danvers, Newbury, Plainville, Woburn, Hyannis, Lowell and Sherborn, MA. The projects will contribute to the creation of 46 Jobs.
Loans Funded April 2024
Loans funded in April 2024 ranged from $95,000 to $1,867,000 and provided assistance to businesses located in Beverly, Harvard, Andover, Woburn, Medford, Sterling & Upton, MA. The projects will contribute to the creation of 5 Jobs.
Bay Colony and Industry News
Roses Restaurant- Lee, MA
Congratulations to our borrower, Roses Restaurant, for being featured in Berkshires Week as one of the top 7 picks for places to linger with a friend over lunch! Roses is located at 160 Housatonic Street in Lee and is open for Breakfast, Lunch and Brunch. Stop by...
The SBA 504 Program Just Reached $100 Billion in All Time Loan Fundings!
Join us as we celebrate a huge milestone for the CDC lending industry. CDC lenders and the SBA have helped over 175,000 small business owners receive $100,040,561,000.00 in all time SBA 504 financing. The total impact, which includes the financing from third party...
504 Fees for Fiscal Year 2022
Each year, the Small Business Administration (SBA) reviews certain fees payable to the Agency by 504 borrowers to determine if any of those fees need to be adjusted to cover the estimated subsidy costs of the 504 loan program. Program fees paid on 504 loans for loans...
Coming Soon – Laura Brown
Coming Soon- Laura Brown
Bay Colony Development Corp 40 Year Anniversary
Bay Colony Development Corp. 40 Year Anniversary