Business Loan from Merrill Merchants Bank Given to Landscape Counseling And Planning Company

An SBA loan from Merrill Merchants Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Brewer (rr Name Brewer Junctio, Maine business owner got a $12,000 loan.

Getting a small business loan in Brewer (rr Name Brewer Junctio, Maine was an essential business goal for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Merrill Merchants Bank, operating out of Bangor, Maine. Here are the details on this Maine small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPE COUNSELING AND PLANNING
BREWER (RR NAME BREWER JUNCTIO, ME 04412

SBA Loan Lender

MERRILL MERCHANTS BANK
201 MAIN ST
BANGOR, ME 04401

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

0781 - Landscape Counseling and Planning

Loan Approval Date

2/4/2000

Loan Approval Gross Amount

$12,000

Loan Approval from the SBA

Of the total $12,000 loan amount, the SBA guaranteed $6,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower indicated that the loan would help generate 6 new jobs and retain 12 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a small business or need money for an existing business, an SBA loan can be a great funding source

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Merrill Merchants Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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