Issue link: https://nebusinessmedia.uberflip.com/i/617418
W W W. M A I N E B I Z . B I Z 35 BO O K O F L I S T S 2 0 16 F I NA N C E 1-800-228-3734 — FA MEmaine.com Helping Maine Businesses Succeed Since 1983 "We're so grateful that FAME approved the guarantee for our line of credit. LooHoo continues to grow each year and we are now able to plan ahead with inventory and manufacturing needs to support increased demands. With FAME's support, LooHoo is positioned for continued growth and success." — Cyndi Prince Founder & CEO LooHoo's dryer balls are Made in Maine with 100% domestic wool. LooHoo's dryer balls are Made in Maine with 100% domestic wool. Fort Fairfield Pine View Mobile Homes Inc. Winslow $300,000 $400,000 12/23/14 Mobile home sales Working capital line of credit 20 Little Harbor Window Co. Inc. Cape Neddick $290,308 $290,308 8/12/14 Manufacturer of windows Working capital 21 RandLewis LLC Belfast $283,920 $546,000 2/21/14 Restaurant, pub and inn Refinance debt 22 Wicked Clean Car Wash Inc. 2 Belfast $281,250 $375,000 1/16/14 Car wash Purchase business and business assets 23 Triple J Inc. 2 Mattawamkeag $265,300 $374,000 12/22/14 Logging industry Purchase and repair equipment 24 Trombley Industries Inc. 2 Limestone $259,400 $648,500 9/29/14 Concrete and paving contractor Term equipment/refinance debt and working capital line of credit 25 Atlantic Veterinary Care P.A. Inc. Damariscotta $255,000 $425,000 5/5/14 Veterinary Refinance debt 26 NEAG Properties LLC Lyndonville $250,000 $250,000 3/4/14 Farm supplies Working capital North Atlantic Inc. Portland $250,000 $250,000 6/6/14 Retail/Wholesale seafood Working capital 28 Traditional Woodworks Inc. Berwick $249,380 $337,000 5/19/14 Construction/Wood products Refinance 29 Meadow Glen LLC Kennebunkport $248,625 $487,500 9/19/14 Hotels and motels Purchase of motel and cottages 30 Magic Falls Rafting Co. West Forks $248,500 $350,000 9/29/14 Water rafting Refinance 1 Amount of loan guaranteed by FAME. 2 Multiple loans in total to borrower. This list was compiled by Roger Magnus and Heide Martin and published in the March 9, 2015, issue of Mainebiz. SOURCE: Finance Authority of Maine Pine View Mobile Homes Inc. Winslow $300,000 $400,000 12/23/14 Mobile home sales Working capital line of credit 20 Little Harbor Window Co. Inc. Cape Neddick $290,308 $290,308 8/12/14 Manufacturer of windows Working capital 21 RandLewis LLC Belfast $283,920 $546,000 2/21/14 Restaurant, pub and inn Refinance debt 22 Wicked Clean Car Wash Inc. 2 Belfast $281,250 $375,000 1/16/14 Car wash Purchase business and business assets 23 Triple J Inc. 2 Mattawamkeag $265,300 $374,000 12/22/14 Logging industry Purchase and repair equipment 24 Trombley Industries Inc. 2 Limestone $259,400 $648,500 9/29/14 Concrete and paving contractor Term equipment/refinance debt and working capital line of credit 25 Atlantic Veterinary Care P.A. Inc. Damariscotta $255,000 $425,000 5/5/14 Veterinary Refinance debt 26 NEAG Properties LLC Lyndonville $250,000 $250,000 3/4/14 Farm supplies Working capital North Atlantic Inc. Portland $250,000 $250,000 6/6/14 Retail/Wholesale seafood Working capital 28 Traditional Woodworks Inc. Berwick $249,380 $337,000 5/19/14 Construction/Wood products Refinance 29 Meadow Glen LLC Kennebunkport $248,625 $487,500 9/19/14 Hotels and motels Purchase of motel and cottages 30 Magic Falls Rafting Co. West Forks $248,500 $350,000 9/29/14 Water rafting Refinance 1 Amount of loan guaranteed by FAME. 2 Multiple loans in total to borrower. This list was compiled by Roger Magnus and Heide Martin and published in the March 9, 2015, issue of Mainebiz. SOURCE: Finance Authority of Maine Largest Finance Authority of Maine loans Ranked by FAME exposure amount, 2014 FAME exposure 1 Loan amount Date loan closed Business type Loan purpose 1 Franklin Processing Inc. Franklin $1,530,000 $1,700,000 7/15/14 Blueberry processing Refinance debt and working capital line of credit 2 Toddle Inn Day Care Inc. 2 Scarborough $1,078,000 $5,130,000 10/22/14 Day care Refinance debt 3 Lincoln Paper and Tissue LLC Lincoln $970,000 $970,000 12/9/14 Paper mill Purchase equipment and working capital 4 Sea Salt LLC Saco $900,000 $1,500,000 10/28/14 Fresh seafood merchant/ wholesale trade Working capital line of credit 5 Corey Electric Inc. 2 Westbrook $505,875 $674,500 7/31/14 Electrical services Refinance debt and working line of credit 6 Saddleback Inc. Rangeley $500,000 $500,000 8/29/14 Ski and summer resort Repair equipment 7 Allagash International Inc. South Portland $436,000 $436,000 4/11/14 Wholesale trade durable goods Working capital 8 Sebasco Harbor Resort LLC Sebasco Estates $400,000 $400,000 12/30/14 Hotel Refinance debt 9 Maine Seed Co. LLC Mapleton $371,000 $700,000 8/18/14 Seed and fertilizer sales and brokerage Working capital line of credit 10 Richard Dorr/ Dorr Lobster Co. Inc. 2 Milbridge $350,400 $584,000 10/17/14 Fish and seafood Refinance and working capital line of credit 11 Chilton Holdings Co. Scarborough $339,000 $565,000 10/1/14 Retail furniture store Purchase assets of business 12 P & M Performance Parts Inc. 2 Abbot $337,500 $450,000 9/8/14 Auto parts Purchase business assets and working capital line of credit 13 Bouchard Properties LLC & WDQ Inc. 2 Belfast $327,750 $437,000 10/20/14 Fast food/Dairy Queen Refinance and working capital line of credit 14 Soucie Family Firewood Inc. Winterville Plantation $325,000 $325,000 10/9/14 Lumber and wood products Purchase business and equipment 15 Bankruptcy Estate of GNP Maine Holdings LLC Augusta $300,000 $450,000 12/1/14 Holding company Debtor in Possession financing BM Matthews Inc. 2 Hampden $300,000 $1,200,000 4/24/14 Fishing vessel 78-foot commercial fishing vessel/build boat FishMaine Inc. Hulls Cove $300,000 $400,000 1/30/14 Full service restaurants Purchase business Lucerne Farms Inc. Fort Fairfield $300,000 $300,000 5/30/14 Forage production plant Working capital Pine View Mobile Homes Inc. Winslow $300,000 $400,000 12/23/14 Mobile home sales Working capital line of credit 20 Little Harbor Window Co. Inc. Cape Neddick $290,308 $290,308 8/12/14 Manufacturer of windows Working capital 21 RandLewis LLC Belfast $283,920 $546,000 2/21/14 Restaurant, pub and inn Refinance debt 22 Wicked Clean Car Wash Inc. 2 Belfast $281,250 $375,000 1/16/14 Car wash Purchase business and business assets 23 Triple J Inc. 2 Mattawamkeag $265,300 $374,000 12/22/14 Logging industry Purchase and repair equipment 24 Trombley Industries Inc. 2 Limestone $259,400 $648,500 9/29/14 Concrete and paving contractor Term equipment/refinance debt and working capital line of credit