S. Paris, Maine Entrepreneur Gets a Bank Loan

Would a Maine SBA loan help your business get to the next level? If so, you may want to talk with this Maine bank, which offers SBA loans to Maine entrepreneurs.

You can learn something about getting a small business loan in S. Paris, Maine by studying this loan to a local business, made back in 2005. Banks like Norway Savings Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: GENERAL CONTRACTORS-INDUSTRIAL BUILDINGS, WAREHOUS
S. PARIS, ME 04281

SBA Loan Lender

NORWAY SAVINGS BANK
261 MAIN ST
NORWAY, ME 04268

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1541 - General Contractors-Industrial Buildings, Warehous

NAICS Code

236210 - Industrial Building Construction

Loan Approval Date

2/28/2005

Loan Approval Gross Amount

$1,800,000

Loan Approval from the SBA

Of the total $1,800,000 loan amount, the SBA guaranteed $1,350,000.

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 150 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are raising money in S. Paris ME, you ought to talk with a local S. Paris SBA lender or talk with an out-of-area SBA lender that has previously loaned money to S. Paris businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

SBIR Funding

SBA Participating Banks in Norway, Maine

Maine SBA 7A Lenders