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December 20, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Saco, Business Loans > Pepperell Bank & Trust Saco Business Loans > Grocery Stores Loan | ||||
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Saco SBA Loans
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Firm Gets a Maine Bank LoanMaineSmall business loans are available to Maine small business owners through the SBA. In this case, a Maine bank provides the loan. Getting a small business loan in Saco, Maine was a top priority for this small company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Pepperell Bank & Trust. Here are the details on this Maine small business loan. SBA Loan Borrower COMPANY TYPE: GROCERY STORES SBA Loan Lender PEPPERELL BANK & TRUST SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5411 - Grocery Stores Loan Approval Date 2/15/2000 Loan Approval Gross Amount $45,000 Loan Approval from the SBA Of the total $45,000 loan amount, the SBA guaranteed $36,000. More Information on This SBA Loan The borrower borrowed this money for a new 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 4 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pepperell Bank & Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: SBA 7A Banks for Saco, Maine Loans
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