Kennebunk (census Name For Ken, Maine Entrepreneur Gets an SBA Loan

Searching for a Maine bank loan? This Maine entrepreneur got a bank loan, provided by an Ohio bank that works with the SBA to help small business owners.

Getting a small business loan in Kennebunk (census Name For Ken, Maine was a top priority for this loan applicant back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Keybank National Association. Here are the details on this Maine small business loan.

SBA Loan Borrower

COMPANY TYPE: ELECTRONIC COMPONENT MANUFACTURING
KENNEBUNK (CENSUS NAME FOR KEN, ME 04043

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

334419 - Electronic Component Manufacturing

Loan Approval Date

2/11/2005

Loan Approval Gross Amount

$310,800

Loan Approval from the SBA

Of the total $310,800 loan amount, the SBA guaranteed $233,100.

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 only one employee. The loan application indicated that the loan would help generate 65 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

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

We can help you find the best banks for small businesses in Kennebunk (census Name For Ken or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Banking Deregulation's Effects on Entrepreneurship

Good Banks for Small Business in Cleveland, Ohio

SBA Ohio Banks