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 2018

Loans funded in March 2018 ranged from $159,000 to $1,260,000 and provided assistance to business located in Charlestown, Brockton, Haverhill, Dedham, Boston, Nantucket and Rowley, MA. The projects will contribute to the creation of 24 Jobs.

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Loans Funded February 2018

Loans funded in February 2018 ranged from $133,000 to $835,000 and provided assistance to business located in Shelburne, Middleboro, Sandwich and Harvard, MA as well as Pawtucket, Providence, Wakefield and Lincoln, RI. The projects will contribute to the creation of 66 Jobs.

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Loans Funded January 2018

Loans funded in January 2018 ranged from $139,000 to $453,000 and provided assistance to business located in Marlborough, Lynn, Webster, Mansfield, MA and Bristol, RI. The projects will contribute to the creation of 16 Jobs.

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Loans Funded December 2017

Loans funded in December 2017 ranged from $190,000 to $1,270,000 and provided assistance to business located in Weymouth, Canton & Medford, MA; Westerly, RI; Hudson, NH; and Southington, CT. The projects will contribute to the creation of 42 Jobs.

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Loans Funded November 2017

Loans funded in November 2017 ranged from $148,000 to $785,000 and provided assistance to business located in East Providence, RI, Leominster, Andover, Whitman, Lynn, Norwell, and Peabody, MA. The projects will contribute to the creation of 11 Jobs.

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Bay Colony and Industry News

SBA Administrator McMahon rescinds program name changes

What's our name?  Back in November the SBA announced a re-branding of the 7A loan program and the 504 Loan program with new names of SBA Advantage Loan Program and SBA Grow Loan Program.  After much debate in the industry over the new names, we are happy to report...

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