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 March 2026

Loans funded in March 2026 ranged from $106,000 to $2,813,000 and provided assistance to businesses located in Arlington, Danvers, Marlborough and Salem, MA, as well as Lincoln, Manchester, Tamworth, NH and Cumberland, RI. The projects will contribute to the creation of 43 Jobs.

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Loans Funded February 2026

Loans funded in February 2026 ranged from $148,000 to $1,087,000 and provided assistance to businesses located in Lynn, Lawrence, Cohasset, Shirley, Marshfield, Marlborough, Westwood, & Andover, MA, as well as Johnston, RI. The projects will contribute to the creation of 55 Jobs.

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Loans Funded January 2026

Loans funded in January 2026 ranged from $87,000 to $1,066,000 and provided assistance to businesses located in Beverly, Harwich, South Dennis, Gardner & Danvers, MA, Pawtucket, RI and Manchester, NH. The projects will contribute to the creation of 9 Jobs.

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Loans Funded December 2025

Loans funded in December 2025 ranged from $152,000 to $3,422,000 and provided assistance to businesses located in Winchester, MA; Burrillville, RI; Manchester and Portsmouth, NH. The projects will contribute to the creation of 6 Jobs.

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Loans Funded November 2025

Loans funded in November 2025 ranged from $384,000 to $1,286,000 and provided assistance to businesses located in Woburn, Medway, Marlborough & Hingham, MA. The projects will contribute to the creation of 12 Jobs.

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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...

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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...

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