US Lender Metrics Get a Lender Match
Home › Lender directory › Bay Colony Development
Certified development company · Waltham, MA

Bay Colony Development: SBA lending profile

Bay Colony Development Corporation · SBA 504 loans, October 2021 to June 30, 2026 · Updated October 15, 2026
520
SBA loans approved
$383.9M
Total approved
$457,000
Median loan
6
States lent in
13%
To startups
#80
National rank by loans

Bay Colony Development approved 520 SBA loans worth $383.9M between October 2021 and June 2026, ranking #80 of 2,283 SBA lenders nationally by loan count. Its median loan was $457,000, and 13% went to startups or businesses under two years old. It lent in 6 states, most often in Massachusetts, and its most financed industry was restaurants and hotels.

SBA loans per fiscal year

067133200FY14: 91 loansFY14FY15: 102 loansFY15FY16: 105 loansFY16FY17: 121 loansFY17FY18: 116 loansFY18FY19: 117 loansFY19FY20: 114 loansFY20FY21: 166 loansFY21166FY22: 158 loansFY22FY23: 86 loansFY23FY24: 104 loansFY24FY25: 111 loansFY25FY26 (Oct to Jun): 61 loansFY2661
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Bay Colony Development lends

StateLoansApprovedMedian loanRank in state
Massachusetts402$292.6M$488,000#4
New Hampshire54$38.2M$366,000#14
Rhode Island47$26.8M$386,000#8
Connecticut13$15.9M$617,000#33
Vermont3$8.8M$3,653,000#33
Virginia1$1.5M$1,512,000#174

Industries Bay Colony Development finances

IndustryLoansShareMedian loan
Restaurants and hotels100
19%
$609,000
Other services (repair, personal care)67
13%
$397,000
Health care and social assistance66
13%
$346,500
Construction57
11%
$539,000
Retail47
9%
$454,000
Manufacturing37
7%
$657,000
Professional and technical services36
7%
$308,000
Administrative and support services24
5%
$327,000
Arts, entertainment and recreation22
4%
$593,500
Wholesale trade17
3%
$1,236,000
Loan size mix
  • Under $150,0009%
  • $150,000 to $500,00045%
  • $500,000 to $2 million39%
  • $2 million and up7%
Loan programs used
  • Accredited Lender (504)67%
  • ALP Express31%
  • 504 Refinancing Program2%
  • 504 Basic0%
  • ALP Express Debt Refi0%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.