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December 21, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Bangor, Business Loans > Merrill Merchants Bank Bangor Business Loans > Excavation Work Loan | ||||
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Merrill Merchants Bank
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SBA Loan from Merrill Merchants Bank Helps Excavation Work CompanyMerrill Merchants Bank has a track record as a leading provider of SBA loans. Find out how this Maine entrepreneur received an SBA loan from them. Getting a small business loan in Greenville (greenville Center), 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: EXCAVATION WORK SBA Loan Lender MERRILL MERCHANTS BANK This debt financing 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 1794 - Excavation Work NAICS Code 235930 - Excavation Contractors Loan Approval Date 5/17/2000 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. 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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Getting an SBA Loan For Your Business If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding. This SBA loan was for $20,000. How would you spend $20,000 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. Related Links: Find an SBA Lender in Bangor, Maine
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