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May 3, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Cleveland, Business Loans > Keybank National Association Cleveland Business Loans > Full-Service Restaurants Loan | ||||
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Get a Small Business Loan in Searsmont, Maine
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Maine Business Loan Issued to Full-Service Restaurants CompanySearching for a Maine bank loan? This Maine entrepreneur got a bank loan, provided by an Ohio bank that works with the SBA to help small business owners. Getting a small business loan in Searsmont, Maine was a top priority for this loan applicant back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Keybank National Association. Here are the details on this Maine small business loan. SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender KEYBANK NATIONAL ASSOCIATION This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 12/26/2006 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $20,000. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 10 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Obtaining Funding - How to Borrow Money Best Cleveland, Ohio Banks for Small Business
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