Bay Colony Development Corporation: SBA Lending Record
What SBA's own loan files show about Bay Colony Development Corporation as an SBA lender, and how a lender's record bears on a feasibility study.
The Bay Colony Development Corporation record at a glance
Under Bay Colony Development Corporation as holder, SBA lists 1,172 loans from FY2017 to FY2026. Bay Colony Development Corporation loans reach $758.8 million in gross approved dollars. Each Bay Colony Development Corporation figure covers loans held, 1,172, now or earlier. SBA guarantees them; Bay Colony Development Corporation does not. Program mix at Bay Colony Development Corporation: none are 7(a), 1,172 are 504; 504 throughout. As CDC, Bay Colony Development Corporation is SBA's 504 holder. Bay Colony Development Corporation projects: first-lien lenders go uncredited.
772 of 1,172 loans have no tracked class, which leaves Bay Colony Development Corporation class rows thinner. Bay Colony Development Corporation class rows start with full-service restaurant, 112 loans. Then child care center at 42, hotel and motel (33) and 33 loans in automotive mechanical repair. Further down Bay Colony Development Corporation: 22 in beauty salon, limited-service restaurant with 21 loans and dental office at 18. Full-service restaurant: across 1,172 loans, check Bay Colony Development Corporation for it.
Bay Colony Development Corporation loans sit in Massachusetts (919), 87 in New Hampshire, Connecticut (31) and 6 in Vermont, per SBA. Outside those places, Bay Colony Development Corporation offers a project no local loans.
Bay Colony Development Corporation: loans cancelled or charged off
16.8%: the floor on cancellations, among Bay Colony Development Corporation approvals from FY2017 to FY2024. Count undisbursed Bay Colony Development Corporation loans as cancelled and the ceiling becomes 19.0%. Between 16.8% and 19.0% lie Bay Colony Development Corporation approvals SBA still shows undisbursed. FY2017 to FY2021 charge-offs at Bay Colony Development Corporation: withheld by Loan Analytics. Bay Colony Development Corporation outcomes show; reasons do not. Bay Colony Development Corporation cohort rates cover FY2017 to FY2021 disbursements. Bay Colony Development Corporation: 16.8% is a floor, 1,172 loans notwithstanding, not a forecast. Bay Colony Development Corporation rates stay floors; 1,172 loans could still lift 16.8%.
Bay Colony Development Corporation: what a borrower can take
Bay Colony Development Corporation, a Certified Development Company: 1,172 recorded loans lend context. Bay Colony Development Corporation has no row that says what Bay Colony Development Corporation wants from a borrower. For Bay Colony Development Corporation, weigh child care center, 1,172 loans deep, and the project against New Hampshire. Each Bay Colony Development Corporation project has a first-lien lender, uncredited; 1,172 loans name none. The study should.
Bay Colony Development Corporation totals are context. 1,172 loans say little about a project, Massachusetts or beyond it. 1,172 loans at Bay Colony Development Corporation set no child care center demand; New Hampshire conditions decide it, not Bay Colony Development Corporation. Each budget line, 1,172 loans aside, meets raised funds. 1,172 loans give Bay Colony Development Corporation breadth, not depth. 1,172 loans or one, a margin must absorb 16.8% at least, Bay Colony Development Corporation aside. Bay Colony Development Corporation: on stabilized income, debt service coverage keeps 16.8% in view. Collateral for Bay Colony Development Corporation rests on the appraisal. Bay Colony Development Corporation: no study promises approval; 1,172 loans or none, it prepares the file.
SBA loans held by Bay Colony Development Corporation
SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).
7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.
| Loans approved, FY2017 to FY2026 | 1,172 |
|---|---|
| Gross dollars approved | $758.8 million |
| SBA 7(a) loans | 0 |
| SBA 504 loans | 1,172 |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 16.8% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 19.0% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | withheld |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
Loans by asset class
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 772 |
| Full-service restaurant | 112 |
| Child care center | 42 |
| Hotel and motel | 33 |
| Automotive mechanical repair (car and truck) | 33 |
| Beauty salon | 22 |
| Limited-service restaurant | 21 |
| Dental office | 18 |
| Beverage manufacturing (breweries, wineries, distilleries) | 15 |
| Fitness center | 15 |
| Liquor store | 14 |
| Car wash | 10 |
| Medical office (physicians) | 9 |
| Gas station and truck stop | 8 |
| Rehabilitation and therapy clinic | 7 |
| Self storage | 6 |
| Grocery store | 6 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
Loans by project state
| State or area | Loans |
|---|---|
| Massachusetts | 919 |
| New Hampshire | 87 |
| Connecticut | 31 |
| Vermont | 6 |
States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-cdc-0188247.
Related feasibility study pages
- SBA Lender Feasibility Study Data
- SBA feasibility study consultant
- Eastern Bank: SBA Lending Record
- Beacon Bank and Trust: SBA Lending Record
- New England Certified Development Corporation: SBA Lending Record
- Rockland Trust Company: SBA Lending Record
- Leader Bank, National Association: SBA Lending Record
- Salem Five Cents Savings Bank: SBA Lending Record
- Bristol County Savings Bank: SBA Lending Record
- Needham Bank: SBA Lending Record
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