SBA lending record

Coveside Bed & breakfast

6 Gotts Cove Ln, Georgetown, ME · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$140K

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

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The loan

$140,000 — FY2023

Gross approval: $140,000
SBA guaranteed: $119,000 (85%)
Status: Paid in full
Rate at approval: 9.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/23/2022
First disbursement: 12/30/2022
Days to fund: 7 days
Paid in full: 1/31/2025
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 6
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Hotels (except Casino Hotels) and Motels
NAICS code: 721110
Lender: Celtic Bank Corporation
Address: 6 Gotts Cove Ln
City: Georgetown
County: Sagadahoc
SBA district office: MAINE DISTRICT OFFICE
Congressional district: 1

The lender

Celtic Bank Corporation

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding hotels (except casino hotels) and motels — by location, industry.

SBA lenders in Maine Lenders for hotels (except casino hotels) and motels Hotels (except Casino Hotels) and Motels lenders in Maine

Similar businesses

Comparable hotels (except casino hotels) and motels in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Jacqueline Pierce Real Estate, LLC

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SBA financing: ≈ $1.1M–$1.8M
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Whitesails LLC

Kennebunk, ME· ~51 mi

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$85K
SBA financing: ≈ $167K–$278K
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SohoInn LLC

Old Orchard Beach, ME· ~40 mi

Hotels (except Casino Hotels) and Motels

$50K
SBA financing: ≈ $98K–$163K
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New Gen Ventures, LLC

South Portland, ME· ~33 mi

Hilton Hotels & Resorts

$350K
SBA financing: ≈ $686K–$1.1M
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SS & DS LLC

Millinocket, ME· ~136 mi

Hotels (except Casino Hotels) and Motels

$150K
SBA financing: ≈ $294K–$490K
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Emerald Hospitality LLC

Lewiston, ME· ~29 mi

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$5.0M
SBA financing: ≈ $9.8M–$16M
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Agent summary

This page summarizes the public SBA 7(a) lending record for Coveside Bed & breakfast in Georgetown, ME (Hotels (except Casino Hotels) and Motels). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $140K
On record FY2023
6 jobs supported
Industry: Hotels (except Casino Hotels) and Motels
Location: Georgetown, ME
Lender: Celtic Bank Corporation

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hotels (except Casino Hotels) and Motels businesses in ME for ~$140k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/coveside-bed-breakfast-me
API:: https://www.capbench.com/api/public/businesses/coveside-bed-breakfast-me
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Coveside Bed & breakfast.