Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

Brewer (rr Name Brewer Junctio, Maine Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Financing for Motor Vehicle Towing

Looking for loans for motor vehicle towing? Try the SBA. This $150,000 motor vehicle towing loan was issued by a Maine bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Merrill Merchants Bank, out of Bangor, Maine. The loan was granted and they received $150,000 to help grow their Brewer (rr Name Brewer Junctio, Maine business.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE TOWING
BREWER (RR NAME BREWER JUNCTIO, ME 04419

SBA Loan Lender

MERRILL MERCHANTS BANK
201 MAIN ST
BANGOR, ME 04401

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

488410 - Motor Vehicle Towing

Loan Approval Date

5/19/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Brewer (rr Name Brewer Junctio ME, you ought to talk with a local Brewer (rr Name Brewer Junctio SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Brewer (rr Name Brewer Junctio businesses.

This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

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SBA 7A Banks in Bangor, Maine

Maine SBA 7A Banks