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November 15, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Gorham, Business Loans > Gorham Savings Bank Gorham Business Loans > Warm Air Heating And Air Conditioning Equipment Loan | ||||
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Gorham, Maine SBA Banks
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Gorham, Maine Bank Lends Money to Warm Air Heating And Air Conditioning Equipment Company in Standish, MaineThinking about meeting with a Gorham, Maine bank about a small business loan? Here's one Maine business loan, issued by a Gorham bank, that was approved by the SBA. Applying for an SBA loan with Gorham Savings Bank worked out well for our friends at one local firm in Standish, Maine. They received an SBA loan for $100,000. Nice! SBA Loan Borrower COMPANY TYPE: WARM AIR HEATING AND AIR CONDITIONING EQUIPMENT SBA Loan Lender GORHAM SAVINGS BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5075 - Warm Air Heating and Air Conditioning Equipment NAICS Code 421730 - Warm Air Heating and Air-Conditioning Equipment and Suppplies Wholesalers Loan Approval Date 8/26/2002 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. 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 3 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $100,000 loan. Remember, if it to be, it is up to me! 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:
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