Title

John Roberts Inc. of Biddeford, an employee-owned clothing company, is behind on

Authors

Source

Portland Press Herald

Date

11-25-1993

Pages

17B

Abstract

John Roberts Inc. of Biddeford, an employee-owned clothing company, is behind on its bank loans and is negotiating with potential investors. Charles Mercer, a spokesman for the Finance Authority of Maine (FAME), said the company needs investment capital to become more competitive. FAME will be responsible for repaying the bank loans should the company default. John Roberts received three loans in 1991 and 1992, totaling $1,035,500.

Subjects

Roberts, John Inc Biddeford

Recommended Citation

"John Roberts Inc. of Biddeford, an employee-owned clothing company, is behind on" (1993). Maine News Index – Portland Press Herald. 10233.
https://digitalcommons.portlandlibrary.com/news_pph/10233