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
Deals Eastern Maine Development Corporation funded — list all 3 as text
- Scoreboard Social LLC — Bangor · $135K · FY2025 · Drinking Places (Alcoholic Beverages)
- Yajaira Fuentes — Ogunquit · $150K · FY2023 · Clothing and Clothing Accessories Retailers
- Francis Colavecchio — Orrington · $158K · FY2022 · Limited-Service Restaurants
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
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
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- 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
- Loan sold to investors
- Jobs supported
- 8
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Drinking Places (Alcoholic Beverages)
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- 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
- 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
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- 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
- 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.
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Businesses Eastern Maine Development Corporation financed
4 businesses on record. Each links to its full SBA record.
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CapBench analysis of public lending records, FY2020–present. Not affiliated with Eastern Maine Development Corporation.
Agent summary
This page summarizes Eastern Maine Development Corporation's public SBA 7(a) lending record — deal sizes, industries, geography, and FDIC profile — from CapBench SBA Intelligence. CapBench is not a lender and does not originate or approve loans.
- 4 SBA 7(a) loans on record
- $150K typical deal
- 1 business-acquisition loans
- HQ: Bangor, ME
- 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.
- 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.
- Lender matches are informational and based on public lending activity — they do not guarantee lender interest or approval.
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