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

Loan on record

FY2022

On record

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
Jobs supported: 10
Business type: Individual
Business age: Change of Ownership
Industry: Limited-Service Restaurants
NAICS code: 722513
Lender: Eastern Maine Development Corporation
Address: 177 River Road
City: Orrington
County: Penobscot
SBA district office: MAINE DISTRICT OFFICE
Congressional district: 2

The lender

Eastern Maine Development 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 limited-service restaurants — by location, industry.

SBA lenders in Maine Lenders for limited-service restaurants Limited-Service Restaurants lenders in Maine

Similar businesses

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

VILLAGE GREEN CAFE LLC

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Vacation Land Tea Co. LLC

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SBA financing: ≈ $412K–$686K
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K & P Restaurant, LLC

Rockland, ME· ~47 mi

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$120K
SBA financing: ≈ $235K–$392K
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Sassafrass Catering

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Limited-Service Restaurants

$60K
SBA financing: ≈ $118K–$196K
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ENID LLC

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SBA financing: ≈ $441K–$735K
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Agent summary

This page summarizes the public SBA 7(a) lending record for Francis Colavecchio in Orrington, ME (Limited-Service Restaurants). 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 $158K
On record FY2022
10 jobs supported
Industry: Limited-Service Restaurants
Location: Orrington, ME
Lender: Eastern Maine Development Corporation

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Limited-Service Restaurants businesses in ME for ~$158k 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/francis-colavecchio-me
API:: https://www.capbench.com/api/public/businesses/francis-colavecchio-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 Francis Colavecchio.