Northeast Bank

Based in ME

17,954 SBA loans totaling $4.5B.

Total Loans
17,954
1991–2025
Total Volume
$4.5B
Gross approval amount
Avg Loan Size
$252K
Median: $150K
Avg Interest Rate
10.15%
Default Rate
10.1%
States Served
50
+ 3 territories

Northeast Bank — Annual Lending Volume

Northeast Bank — Annual Loan Count

Where They Lend

What They Lend For

Loan Size Distribution

Loan Outcomes

Active37.8%
Paid in Full18.6%
Charged Off6.3%
Cancelled32.9%
Committed4.4%