Scroll

Lender record

Eastern Maine Development Corporation

The real lending record — every figure from funded deals. HQ: Bangor, ME.

4

Recent deals (FY20+)

$150K

Typical deal

—

Approval → funding

Where Eastern Maine Development Corporation lends

Deal profile

Most Eastern Maine Development Corporation deals land between $135K and $158K — that range covers half of everything they fund. Top industries and states:

Industries they fund most

1.Mobile Food Services (1)
2.Drinking Places (Alcoholic Beverages) (1)
3.Clothing and Clothing Accessories Retailers (1)
4.Limited-Service Restaurants (1)

Most active states

1.Maine (4 deals)

Franchises they finance most

Del's Lemonade

1 deals

Bobbles & Lace

1 deals

Free · No obligation · Usually same-day

Get in touch with Eastern Maine Development Corporation

Tell us where to reach you and we'll arrange the introduction — to Eastern Maine Development Corporation or a comparable SBA specialist who fits your deal even better.

I authorize DealRoom to share my contact information with SBA lending partners and loan brokers (including partners who compensate DealRoom), who may contact me about financing. DealRoom is not a lender and makes no credit decision.

Recent deals

Del's Lemonade Bangor in Corinth, ME — $100K (2026) · Mobile Food Services
Program
7a General
Rate at approval
7.75% variable
Term
60 mo (5 yrs)
SBA guaranteed
$85K (85%)
Approved
3/18/2026
Loan status
Committed
Loan type
Term loan
Collateral
Required
Business type
Corporation
Franchise
Del's Lemonade
Jobs supported
3
Business age
Startup, Loan Funds will Open Business
Industry
Mobile Food Services
Your business? Claim this record · Request removal
Scoreboard Social LLC in Bangor, ME — $135K (2025) · Drinking Places (Alcoholic Beverages)
Program
7a General
Rate at approval
9% variable
Term
120 mo (10 yrs)
SBA guaranteed
$101K (75%)
Approval → funding
39 days
Approved
12/17/2024
First disbursed
1/25/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Yajaira Fuentes in Ogunquit, ME — $150K (2023) · Clothing and Clothing Accessories Retailers
Program
Community Advantage Initiative
Subprogram
Community Advantage Initiative
Rate at approval
11.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$128K (85%)
Approval → funding
26 days
Approved
8/31/2023
First disbursed
9/26/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Francis Colavecchio in Orrington, ME — $158K (2022) · purchase · Limited-Service Restaurants
Program
Community Advantage Initiative
Subprogram
Community Advantage Initiative
Rate at approval
6.5% fixed
Term
89 months
SBA guaranteed
$118K (75%)
Approval → funding
14 days
Approved
6/3/2022
First disbursed
6/17/2022
Loan status
In workout — SBA bought the guarantee
Loan type
Term loan
Collateral
Required
Business type

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

One of these businesses yours? Claim your listing or request removal.

Work at Eastern Maine Development Corporation?

Claim this profile free to keep your lending record accurate, route buyer leads to your team, and sponsor your placement in the rankings.

Claim this listing

Businesses Eastern Maine Development Corporation financed

4 businesses on record. Each links to its full SBA record.

Work at Eastern Maine Development Corporation?

Claim this profile to keep your record accurate, route buyer leads to your team, or sponsor your placement in the rankings.

Claim this listing Request removal

DealRoom analysis of public lending records, FY2020–present. Not affiliated with Eastern Maine Development Corporation.

AI summary

Eastern Maine Development Corporation is an SBA lender tracked by DealRoom.so SBA Intelligence, with lending activity broken down by state, industry, and loan size from public records. DealRoom is not a lender.

Source: DealRoom.so SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. DealRoom is not a lender and does not guarantee financing.

Find the bank most likely to fund your deal

Eastern Maine Development Corporation is one of 1,000+ SBA lenders on record — and they all have different appetites. Tell us your deal size, industry, and location, and we'll point you to the banks that fund deals like yours.

Free · No documents · Usually same-day

I authorize DealRoom to share my contact information with SBA lending partners and loan brokers (including partners who compensate DealRoom), who may contact me about financing. DealRoom is not a lender and makes no credit decision.

Loan sold to investors

Jobs supported

8

Business age

Startup, Loan Funds will Open Business

Industry

Drinking Places (Alcoholic Beverages)

Your business? Claim this record · Request removal

Corporation

Secondary market

Loan sold to investors

Franchise

Bobbles & Lace

Jobs supported

4

Business age

Startup, Loan Funds will Open Business

Industry

Clothing and Clothing Accessories Retailers

Your business? Claim this record · Request removal

Individual

Secondary market

Loan sold to investors

Jobs supported

10

Business age

Change of Ownership

Industry

Limited-Service Restaurants

If you were the buyer here

Est. deal size: $175K
Est. down payment (10%): $18K
Est. cash at closing: $23K
Monthly payment: $2,235
Annual debt service: $27K
Cash flow needed (1.25×): $34K

Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Your business? Claim this record · Request removal