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November 14, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Kennebunk, Business Loans > Kennebunk Savings Bank Kennebunk Business Loans > Baked Goods Stores Loan | ||||
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Raising Money in Kittery (census Name For Kitte, Maine With SBA Loans
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Baked Goods Stores SBA LoansLooking for SBA loans for baked goods stores? Talk to a banker who works with the SBA. This $36,300 baked goods stores loan was issued by a Maine bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kittery (census Name For Kitte, Maine was able to borrow $36,300 from Kennebunk Savings Bank. The SBA made the loan possible by guaranteeing $18,150 of this Maine small business loan. SBA Loan Borrower COMPANY TYPE: BAKED GOODS STORES SBA Loan Lender KENNEBUNK SAVINGS BANK The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 445291 - Baked Goods Stores Loan Approval Date 12/14/2005 Loan Approval Gross Amount $36,300 Loan Approval from the SBA Of the total $36,300 loan amount, the SBA guaranteed $18,150. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the loan would help retain 15 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Small Bank Loans in Kennebunk, Maine
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