SBA Loan from Bath Savings Institution Helps Coffee And Tea Manufacturing Company

Bath Savings Institution has a track record as a leading provider of SBA loans. Find out how this Maine entrepreneur received an SBA loan from them.

This small firm knew how to go about getting a business bank loan. Based in Brunswick, Maine, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Bath Savings Institution, based in Bath, Maine.

SBA Loan Borrower

COMPANY TYPE: COFFEE AND TEA MANUFACTURING
BRUNSWICK, ME 04011

SBA Loan Lender

BATH SAVINGS INSTITUTION
105 FRONT ST
BATH, ME 04530

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.

NAICS Code

311920 - Coffee and Tea Manufacturing

Loan Approval Date

8/17/2007

Loan Approval Gross Amount

$220,000

Loan Approval from the SBA

Of the total $220,000 loan amount, the SBA guaranteed $110,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 3 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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