Issue link: https://nebusinessmedia.uberflip.com/i/1437114
V O L . X X V I I N O. X X V I I I 36 BO O K O F L I S T S 2 0 2 2 F I NA N C E Largest Finance Authority of Maine loans Ranked by FAME loan amount, 2020 1 Largest Finance Authority of Maine loans Ranked by FAME loan amount, 2020 1 Loan amount FAME exposure 2 Date loan closed Business type/ Loan purpose 1 Be Hospitable LLC Freeport $3,900,000 3 $970,000 1/21/20 Hotel Refinance debt/working capital 2 PRK42 LLC/PD2 LLC/BWB40 LLC/ PK Holdings Inc. Portland $3,150,000 3 $917,500 5/1/20 Mental health & substance abuse facility Refinance debt/working capital 3 Golf Traditions Inc. Falmouth $3,150,000 $787,500 2/19/20 Amusement & recreation Refinance debt 4 Martin LLC Bath $3,100,000 $1,550,000 3/10/20 Storage facility Construct storage facility 5 Maine Provisions Holdings LLC/ Maine Provisions Inc. Portland $2,200,000 3 $950,000 6/17/20 Grocery store Purchase real estate & equipment/working capital 6 Oxbow Brewing Co. LLC Newcastle $1,600,000 3 $748,000 10/5/20 Brewery Term equipment/working capital 7 FHF Realty LLC Hamilton $1,260,000 $315,000 11/2/20 Business services Purchase real estate 8 Tim Flood Cattle Co. LLC/ River Road Livestock Co. Waterville $1,200,000 3 $900,000 10/20/20 Dairy farm & cattle trucking business Working capital 9 D.F. Wishart & Sons LLC Pittsfield $1,190,000 3 $714,000 4/10/20 Milk hauling Purchase equipment 10 Saddleback Community Loan Co. LLC Augusta $1,000,000 $1,000,000 7/27/20 Ski resort Purchase business & business assets 11 Brigeen Farms Inc. Turner $869,200 3 $173,840 8/31/20 Dairy farm Working capital 12 Greenhead Lobster Products LLC Stonington $850,000 $637,500 6/23/20 Lobster processing and sales Permanent working capital 13 Cumberland Hall LLC Portland $831,400 $108,082 2/10/20 Environment engineering services Purchase office space/improvements 14 Rancourt & Co. Shoe Crafters Lewiston $675,000 $405,000 1/27/20 Men's footwear Working capital 15 Cookem Properties LLC Bridgton $650,000 $162,500 6/26/20 Bed & breakfast inns Refinance debt 16 Coryell Solutions LLC Scarborough $600,000 $450,000 3/17/20 Specialized retail procurement Refinance/working capital 17 Griffin Hess & Associates LLC Livermore Falls $600,000 $150,000 2/3/20 Hotel Purchase the existing Herbert Grand Hotel 18 LJG Woodlands LLC Fort Kent $580,000 $435,000 1/22/20 Wood harvesting, log forwarder Purchase equipment 1 And secondarily by FAME exposure. 2 Amount of loan guaranteed by FAME. 3 Multiple loans in total to borrower. This list was compiled by Heide Martin and published in the May 17, 2021 issue of Mainebiz. SOURCE: Finance Authority of Maine NOTE: Address listed is either for the business location or for that associated with the agent representing the LLC or corporation. 1 And secondarily by FAME exposure. 2 Amount of loan guaranteed by FAME. 3 Multiple loans in total to borrower. This list was compiled by Heide Martin and published in the May 17, 2021 issue of Mainebiz. N O T E : Address listed is either for the business location or for that associated with the agent representing the LLC or corporation. S O U R C E : Finance Authority of Maine