Entrepreneur Works With Kennebunk, Maine Bank to Get an SBA Loan
Get business loans from a Kennebunk, Maine bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Rivergreen Bank is a Kennebunk, Maine small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Maine company.
SBA Loan Borrower
COMPANY TYPE: DRYWALL AND INSULATION CONTRACTORS
LIMERICK, ME 04002
SBA Loan Lender
RIVERGREEN BANK
36 PORTLAND RD
KENNEBUNK, ME 04043
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.
NAICS Code
238310 - Drywall and Insulation Contractors
Loan Approval Date
8/2/2006
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Rivergreen Bank and they will explain how you can get an SBA loan for your company.
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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