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FA C T BO O K / D O I N G B U S I N E S S I N M A I N E
B U S I N E S S R E S O U R C E S
The maximum debenture, or long-
term loan, is:
$5 million for businesses that cre-
ate a certain number of jobs or
improve the local economy;
$5 million for businesses that
meet a specifi c public policy goal,
including loans for aiding rural
development and expansion of
small businesses owned by veter-
ans, women, and minorities;
$5.5 million for manufacturers and
energy-related public policy projects.
e program also allows $5.5 million
for each project that reduces the borrow-
er's energy consumption by at least 10%,
and $5.5 million for each project that
generates renewable energy fuel. Projects
eligible for up to $5.5 million under one
of these two requirements do not have
to meet the job creation or retention
requirement, so long as the CDC
portfolio refl ects a jobs-to-debenture
portfolio ratio of at least 1 per $65,000.
For more details, contact:
U.S. Small Business Administration
Maine District Offi ce
68 Sewall St.
E. S. Muskie Federal Bldg., Room 512
Augusta, ME 04330
207-622-8551 • 207-622-8277 Fax
www.sba.gov/me
Eastern Maine Development Corp.
40 Harlow St.
Bangor, ME 04401-5102
207-942-6389 or
800-339-6389 Maine only
207-942-3548 Fax
www.emdc.org
CEI
36 Water St./P.0. Box 268
Wiscasset, ME 04578-0268
207-882-7552 • 207-882-7308 Fax
www.ceimaine.org
Granite State Development Corp.
Jim Maxwell
183 Newhall Road
Wells, ME 04090
207-646-5988 • 207-641-0981 Fax
www.granitestatedev.com
Pine Tree State Certifi ed
Development Corp.
Field Rider
120 Exchange St., Suite 205
Portland, ME 04101
207-773-3104
frider@megalink.net
www.pinetreestatecdc.com
Microloan program
Contact an SBA district offi ce
for information lenders or go to
www.sba.gov/microloans.
e program provides loans up to
$50,000 to women, low-income,
minority and veteran business own-
ers by making money available to
nonprofi t intermediaries that make
the loans directly to start-up and
existing businesses. e proceeds can
be used for working capital, or to buy
furniture, fi xtures, supplies, materials
or equipment. Microloans may not be
used to buy real estate. Interest rates
are negotiated between the borrower
and the intermediary. e maximum
term is six years. Because money is
borrowed from the intermediary,
SBA is not involved in the applica-
tion or approval process. Payments
are made directly from the business
to the intermediary.
Androscoggin Valley Council
of Governments
125 Manley Road
Auburn, ME 04210
207-783-9186 • 207-783-5211 Fax
www.avcog.org
Community Concepts Inc.
17-19 Market Square/P.O. Box 278
South Paris, ME 04281
207-743-7716 or 800-866-5588
207-743-6513 Fax
www.community-concepts.org
CEI
36 Water St./P.O. Box 268
Wiscasset, ME 04578-0268
207-882-7552
cei@ceimaine.org
www.ceimaine.org
MaineStream Finance
262 Harlow St./P.O. Box 1162
Bangor, ME 04402-1162
207-973-3500 or 800-215-4942
207-973-3699 Fax
www.mainestreamfi nance.org
Northern Maine Development
Commission
11 W. Presque Isle Road/P.O. Box 779
Caribou, ME 04736
207-498-8736 or 800-427-8736
207-493-5784 Fax
www.nmdc.org
www.bhbt.com • 888-853-7100
In what direction do you want to take your business? Let Jeff help you focus and steer clear of
every groove, root, rock, hole and bump. With sound judgement, he will advise you when to lean
forward, shift, keep pedaling, relax and bend with the bumps. Having worked with many business
owners over the years, Jeff can help you clear every obstacle in your path.
You, Jeff and your business, working together as one.
Looking for some traction? Call Jeff today.
Meet Jeff Charland,
Business Banker and Mountain Biker
Photo
by:
Chris
Pinchbeck
