Kennebunk, Maine Bank Lends Money to Baked Goods Stores Company in Wells (rr Name Wells Beach (st, Maine

Thinking about meeting with a Kennebunk, Maine bank about a business loan? Here's one Maine business loan, issued by a Kennebunk bank, that was approved by the SBA.

Applying for an SBA loan with Kennebunk Savings Bank worked out well for our friends at one local business in Wells (rr Name Wells Beach (st, Maine. The business was able to get an SBA loan for $15,000. Nice!

SBA Loan Borrower

COMPANY TYPE: BAKED GOODS STORES
WELLS (RR NAME WELLS BEACH (ST, ME 04090

SBA Loan Lender

KENNEBUNK SAVINGS BANK
104 MAIN ST
KENNEBUNK, ME 04043

The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

445291 - Baked Goods Stores

Loan Approval Date

11/29/2006

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Kennebunk Savings Bank and they will explain how you can get an SBA loan for your company.

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.

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SBA Banks in Kennebunk, Maine

Maine SBA Banks