Maine Property Operations LLC
Maine Property Operations LLC, located in Wells, Maine, operates in the residential property managers industry (NAICS 531311). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,621,600, approved by The Huntington National Bank on September 28, 2026.
SBA 7(a) loan, change of ownership, approved Sep 28, 2026
$1,621,600 approvedLender: The Huntington National Bank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,621,600
- SBA-guaranteed amount
- $1,216,200 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- September 28, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $19,461 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 52
- Business type
- Corporation
- NAICS
- 531311, Residential Property Managers
- Project location
- York County, ME
- SBA district office
- Maine District Office
- Congressional district
- ME-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 76% of acquisition loans in Residential Property Managers on this site.
- Average acquisition loan in Residential Property Managers: $1,260,244.
- Average acquisition loan in Maine: $1,448,582.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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