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Government  Small Business Loan Program  

Small Business Program

The goal of the Small Business Loan Program is to encourage business development of 5 or fewer employees as well as new business start-ups and to create jobs for low-income persons.

A loan of up to $15,000 is available at a rate of prime less ½% for a maximum term of 10 years with a private match of 33%.   Funds may be used to purchase equipment or inventory, for construction improvements, or working capital.

For more information contact Reine Mynahan at (207) 333-6601 extension 1330 or rmynahan@auburnmaine.gov