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November 15, 2024  
 
 
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Raising Money in Biddeford, Maine With SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Prudential Realtors the Franchise Issued By Saco & Biddeford Savings Insti

Need money to invest in a Prudential Realtors the franchise? Saco & Biddeford Savings Insti has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Biddeford, Maine needed money to invest in a Prudential Realtors the franchise back in 2007. Saco & Biddeford Savings Insti issued an SBA franchise loan. Here are the details on this Maine small business loan.

SBA Loan Borrower

DSL ASSOCIATES, LLC
BIDDEFORD, ME 04005

SBA Loan Lender

SACO & BIDDEFORD SAVINGS INSTI
252 MAIN ST
SACO, ME 04072

The lender provided this SBA small business loan 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

531210 - Real Estate Agents and Brokers

Loan Approval Date

12/6/2007

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Prudential Realtors the franchise. At the time of the loan, the company had no employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Family and Friend Investors - Your First Financiers

SBA Participating Banks in Saco, Maine

Where to Get an SBA Loan Maine