Bangor, Maine Bank Lends Money to Special Trade Contractors Company in Brewer (rr Name Brewer Junctio, Maine
Get business loans from a Bangor, Maine bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Merrill Merchants Bank is a Bangor, Maine small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Maine company.
SBA Loan Borrower
COMPANY TYPE: SPECIAL TRADE CONTRACTORS
BREWER (RR NAME BREWER JUNCTIO, ME 04412
SBA Loan Lender
MERRILL MERCHANTS BANK
201 MAIN ST
BANGOR, ME 04401
The lender provided this loan for a small business 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
235990 - Special Trade Contractors
Loan Approval Date
9/26/2003
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. This loan was not for 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?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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 Merrill Merchants Bank 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.
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