SBA lending record
Statewide Towing, Inc.
173 River Road, Augusta, ME · Motor Vehicle Towing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$50K
Total SBA financing
1
Loan on record
FY2024
On record
14
Jobs supported
Is Statewide Towing, Inc. your business?
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The loan
$50,000 — FY2024
- Gross approval
- $50,000
- SBA guaranteed
- $42,500 (85%)
- Status
- Current
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/15/2023
- First disbursement
- 12/22/2023
- Days to fund
- 7 days
- Collateral
- None
- Sold on secondary market
- Yes
- Jobs supported
- 14
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Motor Vehicle Towing
- NAICS code
- 488410
- Lender
- Northeast Bank
- Address
- 173 River Road
- City
- Augusta
- County
- Kennebec
- SBA district office
- MAINE DISTRICT OFFICE
- Congressional district
- 1
The lender
Find SBA lenders for businesses like this
The banks most active funding motor vehicle towing — by location, industry.
Similar businesses
Comparable motor vehicle towing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Fastowing.com LLC
Windham, ME· ~46 mi
Motor Vehicle Towing
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
McEwen Towing, LLC
Newport, ME· ~46 mi
Motor Vehicle Towing
- $93K
- SBA financing
- ≈ $181K–$302K
- Est. revenue (rough)
Stephen M. Rowe
Palmyra, ME· ~43 mi
Motor Vehicle Towing
- $20K
- SBA financing
- ≈ $39K–$65K
- Est. revenue (rough)
US TOWING PARENT LLC
Bangor, ME· ~60 mi
Motor Vehicle Towing
- $4.2M
- SBA financing
- ≈ $8.1M–$14M
- Est. revenue (rough)
Cole M Lane
Crystal, ME· ~136 mi
Motor Vehicle Towing
- $15K
- SBA financing
- ≈ $29K–$49K
- Est. revenue (rough)
MEAGAN ENTERPRISES LLC
Gaylordsville, CT
Motor Vehicle Towing
- $2.0M
- SBA financing
- ≈ $4.0M–$6.7M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Statewide Towing, Inc. in Augusta, ME (Motor Vehicle Towing). 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 $50K
- On record FY2024
- 14 jobs supported
- Industry: Motor Vehicle Towing
- Location: Augusta, ME
- Lender: Northeast Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Motor Vehicle Towing businesses in ME for ~$50k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-23.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- 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 Statewide Towing, Inc..