Windham, Maine Lender Lends Money to Specialty Cleaning, Polishes And Sanitation Goods Company
Get SBA loans from a Windham, Maine bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Norway Savings Bank is a Windham, 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: SPECIALTY CLEANING, POLISHES AND SANITATION GOODS
LISBON FALLS, ME 04252
SBA Loan Lender
NORWAY SAVINGS BANK
10 FRANKLIN DR
WINDHAM, ME 04062
This lender issued this loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2842 - Specialty Cleaning, Polishes and Sanitation Goods
NAICS Code
325612 - Polish and Sanitation Good Manufacturing
Loan Approval Date
4/11/2002
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $25,500.
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 7 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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