Main Street Registry

Nature's Way Market

South Berwick, ME · Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110

Nature's Way Market, located in South Berwick, Maine, operates in the supermarkets and other grocery retailers industry. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $975,000, approved through Open Bank with an approval date of September 29, 2026.

SBA 7(a) loan, change of ownership, approved Sep 29, 2026

$975,000 approvedLender: Open Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$975,000
SBA-guaranteed amount
$731,250 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
25 years (300 months)
Estimated maturity
September 29, 2051 (estimated, approval date plus term)
Estimated monthly payment
$7,525 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
9
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
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 38% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
  • Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
  • 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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Same industry in Maine