Woodhull, LLC
Woodhull, LLC is located in Portland, ME, and the SBA lists its industry as Commercial and Institutional Building Construction. It was approved for an SBA 504 loan ($1,331,000 SBA portion) on November 16, 2023 to finance real estate or equipment.
SBA 504 loan, approved Nov 16, 2023
- SBA (CDC) portion
- $1,331,000
- Bank portion
- $1,625,000
- Estimated project size
- $3,284,444 (estimated)
- Estimated owner equity
- $328,444 (estimated, about 10% of the project)
- Bank lender
- Machias Savings Bank, Machias, ME
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 16, 2048 (estimated, approval date plus term)
- First disbursement
- Mar 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 75
- Business type
- Corporation
- NAICS
- 236220, Commercial and Institutional Building Construction
- Project location
- Cumberland 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 16% of expansion loans in Commercial and Institutional Building Construction on this site.
- Average expansion loan in Commercial and Institutional Building Construction: $2,227,240.
- 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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- Tenet Ventures Inc, Saco