Commercial Loans for Scenic and Sightseeing Transportation, Water

Looking for commercial loans for scenic and sightseeing transportation, water? The SBA may be the answer. This $50,000 scenic and sightseeing transportation, water loan was issued by a Maine bank.

This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with First, out of Bar Harbor, Maine. The loan was granted and they received $50,000 to help grow their Bar Harbor, Maine business.

SBA Loan Borrower

COMPANY TYPE: WATER TRANSPORTATION OF PASSENGERS
BAR HARBOR, ME 04609

SBA Loan Lender

FIRST
102 MAIN ST
BAR HARBOR, ME 04609

This SBA loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4489 - Water Transportation of Passengers

NAICS Code

487210 - Scenic and Sightseeing Transportation, Water

Loan Approval Date

10/3/2000

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $37,500.

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 5 employees. The SBA loan documents did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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