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April 30, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Portland, Business Loans > Maine Bank & Trust Company Portland Business Loans > Telemarketing Bureaus And Contact Centers Loan | ||||
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Who Lends Money to Westbrook Business Owners
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Westbrook, Maine Entrepreneur Gets a Business LoanSearching for a Maine SBA loan? This Maine entrepreneur got an SBA loan, provided by a Maine bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Westbrook, Maine by studying this loan to a local business, made back in 2006. Banks like Maine Bank & Trust Company may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: TELEMARKETING BUREAUS AND CONTACT CENTERS SBA Loan Lender MAINE BANK & TRUST COMPANY The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 561422 - Telemarketing Bureaus and Contact Centers Loan Approval Date 9/21/2006 Loan Approval Gross Amount $225,000 Loan Approval from the SBA Of the total $225,000 loan amount, the SBA guaranteed $112,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 11 new jobs and retain 16 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Best Portland, Maine Banks for Small Business
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