SBA lending record
Francis Colavecchio
177 River Road, Orrington, ME · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$158K
Total SBA financing
1
Loan on record
FY2022
On record
10
Jobs supported
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The loan
$157,500 — FY2022
- Gross approval
- $157,500
- SBA guaranteed
- $118,125 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 6.5% f
- Term
- 89 mo (7 yr)
- Program
- Community Advantage Initiative
- Subprogram
- Community Advantage Initiative
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 6/3/2022
- First disbursement
- 6/17/2022
- Days to fund
- 14 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Eastern Maine Development Corporation
1 loan to this businessFull SBA lending record + branches on the lender page →Is Francis Colavecchio your business?
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Francis Colavecchio.