Northern Maine Aviation, LLC
Northern Maine Aviation, LLC is an aircraft manufacturing business located in Lincoln, Maine, classified under NAICS code 336411. The company was financed with an SBA 7(a) loan for a change of ownership of $913,500, approved on January 8, 2026 through Machias Savings Bank.
SBA 7(a) loan, change of ownership, approved Jan 8, 2026
$913,500 approvedLender: Machias Savings Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $913,500
- SBA-guaranteed amount
- $685,125 (75% of the approval)
- Lender
- Machias Savings Bank, Machias, ME
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- January 8, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $11,204 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 19, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 336411, Aircraft Manufacturing
- Project location
- Penobscot County, ME
- SBA district office
- Maine District Office
- Congressional district
- ME-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Aircraft Manufacturing: $823,500.
- 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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