 |
 |
November 14, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Maine Business Loan Sources > Bangor, Business Loans > Merrill Merchants Bank Bangor Business Loans > Clothing Stores Loan | ||||
 |
||||
Banks in Bangor, Maine That Make SBA Loans
|
||||
 |
Bangor, Maine Lender Lends Money to Clothing Stores CompanyThinking about meeting with a Bangor, Maine bank about a small business loan? Here's one Maine business loan, issued by a Bangor bank, that was approved by the SBA. Applying for an SBA loan with Merrill Merchants Bank worked out well for our friends at one local firm in Glenburn Center (town Name Gle, Maine. They received an SBA loan for $225,000. Way to go! SBA Loan Borrower COMPANY TYPE: CLOTHING STORES SBA Loan Lender MERRILL MERCHANTS BANK 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 448190 - Clothing Stores Loan Approval Date 9/2/2005 Loan Approval Gross Amount $225,000 Loan Approval from the SBA Of the total $225,000 loan amount, the SBA guaranteed $168,750. 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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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. Related Links: Raising VC Money for Social Networking Companies
|
|
||
|
||||
|
|
||||