Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Biddeford, Maine Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Stationery, Tablet, and Related Product Manufacturing SBA Loans

Looking for SBA loans for stationery, tablet, and related product manufacturing? The SBA may be the answer. This $25,000 stationery, tablet, and related product manufacturing loan was issued by a Maine bank.

This business knew how to go about getting a business bank loan. Based in Biddeford, Maine, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Rivergreen Bank, based in Kennebunk, Maine.

SBA Loan Borrower

COMPANY TYPE: STATIONERY, TABLET, AND RELATED PRODUCT MANUFACTURING
BIDDEFORD, ME 04005

SBA Loan Lender

RIVERGREEN BANK
36 PORTLAND RD
KENNEBUNK, ME 04043

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

322233 - Stationery, Tablet, and Related Product Manufacturing

Loan Approval Date

10/16/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $25,000 loan. Remember, where there is a will, there is a way!

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:

Small Business Loan

Small Bank Loans in Kennebunk, Maine

Getting an SBA Loan in Maine