Merrill Merchants Bank Gives Business Loan to Convenience Stores Company
MaineBank loans are available to Maine firms through the SBA. In this case, a Maine bank provides the loan.
Getting a small business loan in Clinton (census Name For Clint, Maine was a top priority for this loan applicant back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Merrill Merchants Bank. Here are the details on this Maine small business loan.
SBA Loan Borrower
COMPANY TYPE: CONVENIENCE STORES
CLINTON (CENSUS NAME FOR CLINT, ME 04925
SBA Loan Lender
MERRILL MERCHANTS BANK
201 MAIN ST
BANGOR, ME 04401
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445120 - Convenience Stores
Loan Approval Date
9/11/2006
Loan Approval Gross Amount
$7,500
Loan Approval from the SBA
Of the total $7,500 loan amount, the SBA guaranteed $6,375.
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 14 employees. The loan application indicated that the loan would help retain 14 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.
This SBA loan was for $7,500. How would you spend $7,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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