Tucker Chevrolet, Inc.
Tucker Chevrolet, Inc. is a new car dealer in Wiscasset, Maine, classified under NAICS 441110 (New Car Dealers). The company was approved for an SBA 504 loan of $4,443,000 in August 2025, which financed real estate or equipment through an SBA 504 loan, with Bank of New Hampshire as the lender and Granite State Economic Development Corporation as the certified development company.
SBA 504 loan, approved Aug 1, 2025
$4,443,000 SBA portionCDC: Granite State Economic Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $4,443,000
- Bank portion
- $5,427,000
- Estimated project size
- $10,966,667 (estimated)
- Estimated owner equity
- $1,096,667 (estimated, about 10% of the project)
- Bank lender
- Bank of New Hampshire, Laconia, NH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 1, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 441110, New Car Dealers
- Franchise
- General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement
- Project location
- Lincoln County, ME
- SBA district office
- Maine District Office
- Congressional district
- ME-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 64% of expansion loans in New Car Dealers on this site.
- Average expansion loan in New Car Dealers: $3,138,111.
- Average expansion loan in Maine: $2,027,182.
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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