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May 16, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Augusta, Business Loans > Northeast Bank Augusta Business Loans > Operators Of Nonresidental Buildings Loan | ||||
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Augusta Bank Loan
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Entrepreneur Works With Augusta, Maine Bank to Get an SBA LoanFind Augusta, Maine banks that specialize in small business loans and know how to work with entrepreneurs. Northeast Bank is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in Winthrop, Maine starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Northeast Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: OPERATORS OF NONRESIDENTAL BUILDINGS SBA Loan Lender NORTHEAST BANK This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 6512 - Operators of Nonresidental Buildings Loan Approval Date 8/17/2000 Loan Approval Gross Amount $145,800 Loan Approval from the SBA Of the total $145,800 loan amount, the SBA guaranteed $109,350. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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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