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V O L . X X X N O. X I X 58 Fact Book / Doing Business in Maine B U S I N E S S R E S O U R C E S Largest Finance Authority of Maine loans Ranked by FAME loan amount, then exposure 1 C O M P I L E D B Y S T E P H A N I E R . M E A G H E R C O M P I L E D B Y S T E P H A N I E R . M E A G H E R Purchase this list and more as an Excel document at mainebiz.biz/DataCenter @ Largest Finance Authority of Maine loans Ranked by FAME loan amount, then exposure 1 Recipient Type of business Loan amount/ FAME exposure 2 Date loan closed Loan purpose 1 Springworks Farm Maine Inc. Lisbon Aquaponic greenhouse $ 5,000,000 $ 3,750,000 04/06/2023 Construction of greenhouse, purchase equipment, refinance debt 2 Pennacook Falls Investments LTD Rumford Hotel $ 4,100,000 $ 3,075,000 04/18/2023 Construction loan 3 ImmuCell Corp. Portland Animal health $ 3,000,000 3 $ 2,000,000 09/11/2023 Permanent working capital 4 18 Main Road LLC Brewer Self-storage units, leasing $ 2,882,065 $ 500,000 11/02/2023 Construction loan 5 Bruno Holdings Inc. Augusta Pharmacy $ 2,215,000 $ 499,926 12/18/2023 Refinance debt 6 Billy D. Hardy Houlton Forest products $ 2,033,179 4 $ 1,423,225 06/01/2023 Term equipment 7 Kingfish Maine Inc. Jonesport Finifish farming and fish hatcheries $ 2,000,000 $ 1,800,000 08/10/2023 Bridge financing for development & initial construction 8 Atlantic Power Constructors LLC Bangor Power and communication lines $ 2,000,000 $ 1,000,000 12/27/2023 Equipment line of credit 9 Winter Court LLC & Roselyn North Academy Yarmouth Daycare $ 1,980,000 3 $ 1,900,500 06/23/2023 Purchase business & business assets 10 Kelco Industries Inc. Milbridge Wreathes and Christmas trees $ 1,500,000 $ 300,000 02/27/2023 Line of credit 11 Windward Ventures LLC & JGC Properties LLC Thomaston Manufacturer, woven wool felt and needeled synthetic felt $ 1,444,000 4 $ 1,007,100 04/21/2023 Purchase real estate & business, provide working capital 12 Watkins Property Services & Watkins Excavation Casco Property service and excavation $ 1,420,560 4 $ 1,065,420 02/24/2023 Refinance debt, purchase equipment 13 Tim Flood Cattle Co. LLC Clinton Dairy Farming & livestock trucking $ 1,348,956 $ 1,011,717 03/17/2023 Line of credit 14 W.W. London Woodlot Management Co. Milo Timberland $ 1,293,000 4 $ 827,520 08/31/2023 Refinance debt, purchase equipment