Bangor Savings Bank SBA Loan to Animal Specialty Services Company

Want a Maine SBA loan? Here's one Maine business loan that was approved by the SBA.

This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Bangor Savings Bank, out of Bangor, Maine. The loan was granted and they received $272,500 to help grow their Bangor, Maine business.

SBA Loan Borrower

COMPANY TYPE: ANIMAL SPECIALTY SERVICES
BANGOR, ME 04401

SBA Loan Lender

BANGOR SAVINGS BANK
99 FRANKLIN ST
BANGOR, ME 04401

This small business loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0752 - Animal Specialty Services

Loan Approval Date

4/14/2000

Loan Approval Gross Amount

$272,500

Loan Approval from the SBA

Of the total $272,500 loan amount, the SBA guaranteed $204,375.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are raising money in Bangor ME, you ought to talk with a local Bangor SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bangor businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $272,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

How to Raise Money

Small Business Banks in Bangor, Maine

Maine SBA 7A Lenders