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December 21, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Bangor, Business Loans > Merrill Merchants Bank Bangor Business Loans > Home Furnishings Stores Loan | ||||
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Bangor Lenders
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Bangor, Maine Bank Lends Money to Home Furnishings Stores Company in Winslow (census Name For Winsl, MaineGet business loans from a Bangor, Maine bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Merrill Merchants Bank is a Bangor, Maine small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Maine company. SBA Loan Borrower COMPANY TYPE: HOME FURNISHINGS STORES SBA Loan Lender MERRILL MERCHANTS BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 442299 - Home Furnishings Stores Loan Approval Date 8/21/2007 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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. 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, fight for what you want, and it will be yours! 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 Bangor, Maine Loans
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