Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Scarborough, Maine Bank Loan

 

 
Loan Census SBA Loan Info

Small Business Loans for Coated and Laminated Paper Manufacturing

With these small business loans for coated and laminated paper manufacturing, the SBA guarantees the lender that the loan will be repaid. This coated and laminated paper manufacturing loan for $100,000 was given to a Maine entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Scarborough, Maine was able to borrow $100,000 from Td Banknorth. The SBA made the loan possible by guaranteeing $50,000 of this Maine small business loan.

SBA Loan Borrower

COMPANY TYPE: COATED AND LAMINATED PAPER MANUFACTURING
SCARBOROUGH, ME 04074

SBA Loan Lender

TD BANKNORTH
1 PORTLAND SQ
PORTLAND, ME 04101

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

322222 - Coated and Laminated Paper Manufacturing

Loan Approval Date

1/7/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 15 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

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:

Microlending as a Small Business Funding Source

SBA 7A Lenders in Portland, Maine

Getting an SBA Loan in Maine