Portland, Maine Lender Lends Money to Telemarketing Bureaus And Contact Centers Company

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

Applying for an SBA loan with Maine Bank & Trust Company worked out well for our friends at one local company in Westbrook, Maine. They received an SBA loan for $123,200. Nice!

SBA Loan Borrower

COMPANY TYPE: TELEMARKETING BUREAUS AND CONTACT CENTERS
WESTBROOK, ME 04092

SBA Loan Lender

MAINE BANK & TRUST COMPANY
467 CONGRESS ST
PORTLAND, ME 04104

This lender issued this small business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561422 - Telemarketing Bureaus and Contact Centers

Loan Approval Date

9/14/2006

Loan Approval Gross Amount

$123,200

Loan Approval from the SBA

Of the total $123,200 loan amount, the SBA guaranteed $92,400.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Maine Bank & Trust Company so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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