Portland, ME Entrepreneur Gets SBA Loan to Buy Budget Blinds Franchise

Borrowing money to purchase a Budget Blinds franchise? Bath Savings Institution has a history of making these loans and they are guaranteed by the SBA.

Budget Blinds franchise loans are available to Portland, Maine entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bath Savings Institution, based in Bath, Maine, issued an SBA franchise loan for a Budget Blinds franchise in 2007. We've got all the details on this Maine small business loan.

SBA Loan Borrower

BLIND U INC TERM LOAN
PORTLAND, ME 04101

SBA Loan Lender

BATH SAVINGS INSTITUTION
105 FRONT ST
BATH, ME 04530

This lender processed this commercial 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.

NAICS Code

442291 - Window Treatment Stores

Loan Approval Date

1/5/2007

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Budget Blinds franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 6 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Portland ME, you ought to talk with a local Portland SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Portland businesses.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Budget Blinds

Business Incubators

SBA 7A Banks in Bath, Maine

Maine SBA Bank Lenders