Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Business Loans for Hampden Small Business Owners

 

 
Loan Census SBA Loan Info

Ceramic Wall and Floor Tile Manufacturing Business Loans

Looking for business loans for ceramic wall and floor tile manufacturing? Talk to a banker who works with the SBA. This $75,000 ceramic wall and floor tile manufacturing loan was issued by a Maine bank.

This business knew how to go about getting a business bank loan. Based in Hampden, Maine, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Merrill Merchants Bank, based in Bangor, Maine.

SBA Loan Borrower

COMPANY TYPE: CERAMIC WALL AND FLOOR TILE MANUFACTURING
HAMPDEN, ME 04444

SBA Loan Lender

MERRILL MERCHANTS BANK
201 MAIN ST
BANGOR, ME 04401

This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

327122 - Ceramic Wall and Floor Tile Manufacturing

Loan Approval Date

3/3/2004

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

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 20 employees. The SBA loan documents indicated that the loan would help retain 20 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Hampden ME, you ought to talk with a local Hampden SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hampden 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.

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