Issue link: https://nebusinessmedia.uberflip.com/i/1544941
V O L . X X X I I N O. X I M AY 1 8 , 2 0 2 6 34 S M A L L B U S I N E S S F O C U S S T E P H A N I E R . M E A G H E R S T E P H A N I E R . M E A G H E R 1 Loan transactions closed in 2025 were considered for this list. 2 Amount of loan guaranteed by FAME 3 Multiple loans in total to borrower S O U R C E : Finance Authority of Maine Access this list and more at mainebiz.biz/data @ Largest Finance Authority of Maine loans Ranked by FAME loan amount, then exposure 1 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 TimberHP Madison LLC Madison Wood fiber insulation manufacturer $ 10,000,000 $ 7,000,000 06/23/2025 Help fund reorganization plan 2 Northeast Transport Inc. Hermon Trucking service $ 5,500,000 $ 1,485,000 05/28/2025 Purchase business 3 Downeast Investment Group LLC Hartland Hotel $ 2,040,000 $ 408,000 03/07/2025 Purchase real estate 4 Forest and Sugarbush Management LLC & Gold Sugar Bush 3 Jackman Maple syrup production $ 2,000,000 $ 1,500,000 01/02/2025 Purchase business; new equipment 5 J.J. Myers LLC Bangor Restaurant $ 1,850,000 $ 1,387,500 05/01/2025 Purchase Tim Horton Restaurants 6 Akasha 155 LLC Portland Personal care service $ 1,750,000 $ 437,500 09/22/2025 Refinance 7 Maine Bus Co. LLC 3 Brunswick Transportation service $ 1,731,000 $ 1,298,250 01/06/2025 Purchase business; working capital 8 LST Landscaping Inc. 3 Portland Landscaping service $ 1,675,000 $ 1,256,250 09/19/2025 Refinance; working capital 9 Oxbow Brewing Co. LLC Newcastle Brewery $ 1,548,000 $ 387,000 06/30/2025 Refinance 10 PJG Holdings LLC Hampden Dog daycare & boarding house $ 1,530,000 $ 765,000 10/14/2025 Purchase business 11 Whitney Originals Whitneyville Wreath manufacturer $ 1,500,000 $ 1,125,000 11/10/2025 Working capital 12 Sea Bags LLC Portland Recycled accessory manufacturer $ 1,500,000 $ 750,000 05/06/2025 Working capital 13 North Hills Maples LLC 3 Jackman Maple syrup production $ 1,484,500 $ 1,052,144 02/14/2025 Purchase real estate & equipment 14 Jensen's Pharmacy Rockland Pharmacy $ 1,323,000 $ 793,800 08/04/2025 Purchase business 15 Decal Gymnastics Inc. Augusta Gymnastics center $ 1,287,991 $ 321,998 09/26/2025 Refinance; construction addition 16 Boothbay Sea and Science Center 3 East Boothbay Community education center $ 1,267,000 $ 950,250 08/11/2025 Real estate purchase & improvements 17 Blue Ocean Seafood Inc. Scarborough Seafood processor $ 1,250,000 $ 937,500 07/07/2025 Working capital 18 Gorham Bike & Ski Inc. Saco Sporting goods retailer $ 1,225,000 $ 918,750 04/22/2025 Purchase business 19 Griffin Management LLC Herman Dog daycare $ 1,208,000 $ 724,800 10/15/2025 Real estate construction 20 J2J Enterprises LLP 3 Rockland Restaurant $ 1,047,800 $ 449,450 01/06/2025 Purchase business & real estate 21 Performance Real Estate LLC Raymond Car dealership $ 1,000,000 $ 750,000 10/02/2025 Purchase real estate 22 Route 2 Storage LLC Palmyra Self storage facility $ 900,000 $ 225,000 09/08/2025 Purchase real estate 23 Voter Ventures LLC Rangeley Hotel $ 888,000 $ 222,000 12/01/2025 Real estate purchase & improvements 24 Soco Holdings LLC & Soco LLC 3 Southwest Harbor Moving company with storage $ 839,892 $ 545,930 10/22/2025 Purchase real estate; working capital 25 Haslam Enterprises Inc. & Scott Haslam 3 Eastbrook Logging $ 801,200 $ 600,900 05/12/2025 Purchase equipment SOURCE: Finance Authority of Maine 1 Loan transactions closed in 2025 were considered for this list. 2 Amount of loan guaranteed by FAME 3 Multiple loans in total to borrower - This list was compiled by Stephanie R. Meagher and published in the May 18, 2026, issue of Mainebiz.