 |
 |
December 21, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Maine Business Loan Sources > Ellsworth, Business Loans > Union Trust Company Ellsworth Business Loans > Pet Care Services Loan | ||||
 |
||||
Union Trust Company Business Loan Blue Hill, Maine
|
||||
 |
SBA Loan from Union Trust Company Helps Pet Care Services CompanyAn SBA loan from Union Trust Company typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Blue Hill, Maine business owner got a $75,000 loan. Getting a small business loan in Blue Hill, Maine was an essential business goal for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Union Trust Company, operating out of Ellsworth, Maine. Here are the details on this Maine small business loan. SBA Loan Borrower COMPANY TYPE: PET CARE SERVICES SBA Loan Lender UNION TRUST COMPANY 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 812910 - Pet Care Services Loan Approval Date 6/21/2006 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Union Trust Company and they will explain how you can get an SBA loan for your company. 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: Best Banks for Small Business in Ellsworth, Maine
|
|
||
|
||||
|
|
||||