Growing Company Gets a Maine Bank Loan
MaineBank loans are available to Maine firms through the SBA. In this case, an Ohio bank provides the loan.
Getting a small business loan in Yarmouth (census Name For Yarm, Maine was a top priority for this loan applicant back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Keybank National Association. Here are the details on this Maine small business loan.
SBA Loan Borrower
COMPANY TYPE: MANIFOLD BUSINESS FORMS PRINTING
YARMOUTH (CENSUS NAME FOR YARM, ME 04006
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
323116 - Manifold Business Forms Printing
Loan Approval Date
4/4/2002
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 14 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 14 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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