Kennebunk, Maine Bank Lends Money to Stationery And Office Supplies Wholesalers Company in Biddeford (rr Name Biddeford-S, Maine

Thinking about meeting with a Kennebunk, Maine bank about an SBA loan? Here's one Maine business loan, issued by a Kennebunk bank, that was approved by the SBA.

Applying for an SBA loan with Kennebunk Savings Bank worked out well for our friends at one local company in Biddeford (rr Name Biddeford-S, Maine. They got an SBA loan for $44,800. Great job!

SBA Loan Borrower

COMPANY TYPE: STATIONERY AND OFFICE SUPPLIES WHOLESALERS
BIDDEFORD (RR NAME BIDDEFORD-S, ME 04005

SBA Loan Lender

KENNEBUNK SAVINGS BANK
104 MAIN ST
KENNEBUNK, ME 04043

This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

422120 - Stationery and Office Supplies Wholesalers

Loan Approval Date

11/27/2001

Loan Approval Gross Amount

$44,800

Loan Approval from the SBA

Of the total $44,800 loan amount, the SBA guaranteed $22,400.

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 7 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Kennebunk Savings Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

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