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November 24, 2024  
 
 
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Who Lends Money to Oxford (sta.) (welchville) Entrepreneurs

 

 
Loan Census SBA Loan Info

Maine Business Loan Issued to Grocery Stores Company

MaineBusiness loans are available to Maine business owners through the SBA. In this case, an Ohio bank provides the loan.

Getting a small business loan in Oxford (sta.) (welchville), Maine was a top priority for this SBA-financed company back in 2000 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: GROCERY STORES
Oxford (sta.) (Welchville), ME 04270

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This lender processed this SBA 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.

SIC Code

5411 - Grocery Stores

Loan Approval Date

6/12/2000

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $35,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.

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.

Related Links:

Debt Financing

SBA Participating Banks in Cleveland, Ohio

Ohio SBA 7A Lenders