Issue link: https://nebusinessmedia.uberflip.com/i/914727
V O L . X X I I I N O. X X X 34 BO O K O F L I S T S 2 0 1 8 F I NA N C E Loan amount FAME exposure1 Date loan closed Business type Loan purpose 1 Electronic Services Corp. Winthrop $2,800,000 $2,100,000 9/9/2016 Manufacturing Debt refinancing 2 Toddle Inn Day Care Inc.2 Scarborough $2,638,661 $263,866 4/4/2016 Day care Debt refinancing and improvements 3 KBS Enterprises Inc. Caribou $2,400,000 $600,000 9/12/2016 Hotel Debt refinancing 4 Central Hospitality Inc.2 Rockport $2,149,063 $687,266 3/29/2016 Hotel Purchase business and improvements 5 Freeport Nursing Home Inc. Freeport $1,618,000 $339,780 2/19/2016 Health care Debt refinancing 6 Southport Boats LLC2 Augusta $1,271,000 $869,645 6/29/2016 Manufacturing Working capital line of credit and debt refinancing 7 Casco Bay Arena Inc.2 Portland $1,207,500 $966,000 8/25/2016 Ice arena Construction loan 8 Fryeburg Health Care Center Inc. Fryeburg $1,150,000 $241,500 2/19/2016 Health care Debt refinancing 9 Rathbun Lumber Co. Presque Isle $1,125,000 $281,250 11/8/2016 Building supplies Purchase business assets 10 Daniel W. Pease2 Rockland $1,066,000 $374,384 11/28/2016 Brewery Purchase real estate and equipment 11 Bridgton Health Care Center Inc. Bridgton $1,050,000 $220,500 2/19/2016 Health care Debt refinancing 12 48 Marshall Wharf LLC Belfast $1,041,250 $374,954 12/20/2016 Wharf Purchase commercial buildling 13 Gelato Fiasco Inc. Brunswick $1,000,000 $200,000 3/1/2016 Food processing and wholesale Working capital line of credit 14 Lucerne Farms Inc. Easton $999,999 $250,000 12/27/2016 Animal feed manufacturing Debt consolidation 15 Haven Properties LLC Belfast $960,000 $374,400 5/20/2016 Custom yacht and boat building Purchase business 16 Auburn Health Care Inc. Auburn $920,000 $193,200 2/19/2016 Health care Debt refinancing 17 Mingle Analytics Inc. South Paris $900,000 $504,000 11/15/2016 Healthcare consulting Term out existing debt FAME exposure 1 Electronic Services Corp. $2,100,000 2 Casco Bay Arena Inc. $966,000 3 Southport Boats LLC $869,645 4 Central Hospitality Inc. $687,266 5 KBS Enterprises Inc. $600,000 6 Moon Tide Springs Inc. $600,000 7 Mingle Analytics Inc. $504,000 8 Forefront Brick South LLC $500,000 9 Oscar Pizza LLC $490,000 10 Wild Ducks Services LLC $480,000 11 LJG Woodlands LLC $476,004 12 Walsh LLC $445,000 13 Ranger Contracting Inc. $375,000 14 Hamlins Marina Hampden $375,000 15 Dunbar & Brawn Construction Inc. $375,000 16 Northern New England Diagnostics $375,000 17 Two Dunstan Avenue LLC $375,000 Largest Finance Authority of Maine loans Ranked by FAME loan amount, 2016 ALTERNATE RANKING: FAME EXPOSURE 1 Amount of loan guaranteed by FAME. 2 Multiple loans in total to borrower. This list was compiled by Stephanie R. Meagher and published in the June 12, 2017, issue of Mainebiz. S O U R C E : Finance Authority of Maine