Maine RLF - Business Loan Funds

Lewiston, Maine Business Financing Programs – Lewiston-Auburn Economic Growth Council

Areas Served: City of Lewiston Lewiston-Auburn Economic Growth Council provides gap financing to commercial enterprises which will create jobs and stimulate economic activity through the establishment of new, and expansion of, existing businesses in Lewiston, Maine. Economic Stimulus Loan Pool (ESLP) – Loan Amount – 25% or $15,000 – $100,000 – Interest Rate – Varies,

Micro Loan – Androscoggin Valley Council of Governments

Areas Served: Androscoggin, Franklin or Oxford Counties AVCOG provides financing assistance for start-ups, expansions and modernizations throughout the tri-county area. Funding for the agency’s lending, grant and technical assistance programs are secured through a mix of state and federal loan and grant programs and strategic partnerships. In addition to our direct loan programs, AVCOG also

Downtown Improvement Loan Program – City of Lewiston

Areas Served: Lewsiton, Maine The City of Lewiston, Maine’sDowntown Improvement Loan Program is to provide for the acquisition, demolition, and/or rehabilitation of commercial properties in the downtown area. Eligible Activities – Building acquisition and/or demolition – Code and life safety issues – Mechanical systems and structural repairs – Rehabilitation of building, exteriors, and interiors Applicant

Commercial Rehabilitation Loan Program – City of Lewiston

Areas Served: Lewiston Maine The City of Lewiston Maine’s Commercial Rehabilitation Loan Program is to provide for the rehabilitation of commercial properties citywide. Eligible Activities Eligible activities include the rehabilitation of building exteriors, interiors, mechanical systems, and structural repairs. Applicant Eligibility Applications must include a business plan with two years of financial projections. Interest Rates

SBA Micro Loan – Coastal Enterprises, Inc.

Areas Served: AROOSTOOK, CUMBERLAND, FRANKLIN, KENNEBEC, KNOX, LINCOLN, OXFORD, SAGADAHOC, SOMERSET, WALDO, YORK, CEI offers financing and technical support for a wide range of small business, community facility, affordable housing and mixed used real estate projects and ventures. The CEI SBA Micro Loan program provides direct loans to start-up, existing and growing Maine small businesses,