Maine SBA Loan Data
13,154 loans totaling $2.6B across all SBA programs.
Total Loans
13,154
1991–2025
Total Volume
$2.6B
Gross approval amount
Avg Loan Size
$201K
Median: $90K
Avg Interest Rate
6.72%
Default rate: 8.1%
Maine Loan Status
Active16%
Paid in Full64.6%
Charged Off7.1%
Cancelled11.3%
Committed0.7%
Download State Data
Get the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.
Maine Annual Lending Volume
Number of Loans per Year
Top Industries
Loan Size Distribution
Top Lenders in Maine
| Lender | Loans | Volume▼ | Avg Size | Avg Rate | Default Rate |
|---|---|---|---|---|---|
| TD Bank, National Association | 1,580 | $187.0M | $118K | 9.06% | 6.4% |
| Bangor Savings Bank | 1,318 | $180.5M | $137K | 5.86% | 4.0% |
| KeyBank National Association | 879 | $150.1M | $171K | 7.19% | 12.2% |
| Camden National Bank | 858 | $137.4M | $160K | 5.10% | 9.0% |
| Manufacturers and Traders Trust Company | 674 | $101.5M | $151K | 6.81% | 9.0% |
| Bar Harbor Bank & Trust | 808 | $95.9M | $119K | 6.31% | 4.5% |
| Maine Community Bank | 355 | $78.8M | $222K | 6.59% | 2.9% |
| Norway Savings Bank | 370 | $76.0M | $205K | 5.80% | 3.2% |
| Katahdin Trust Company | 409 | $74.3M | $182K | 6.32% | 4.8% |
| Live Oak Banking Company | 62 | $68.8M | $1.1M | 6.25% | 6.7% |
| Northeast Bank | 388 | $68.7M | $177K | 7.31% | 8.0% |
| Kennebunk Savings Bank | 405 | $60.9M | $150K | 5.43% | 4.7% |
| Machias Savings Bank | 230 | $60.6M | $263K | 6.13% | 10.5% |
| MAINE COMMUNITY BANK | 132 | $59.8M | $453K | N/A | 0.9% |
| Bank of America, National Association | 723 | $57.4M | $79K | 8.33% | 17.5% |
| Androscoggin Savings Bank | 257 | $52.8M | $205K | 6.22% | 7.2% |
| BANGOR SAVINGS BANK | 114 | $47.3M | $415K | N/A | 1.1% |
| MACHIAS SAVINGS BANK | 72 | $41.3M | $574K | N/A | 1.7% |
| KENNEBUNK SAVINGS BANK | 87 | $37.8M | $434K | N/A | 1.2% |
| NORWAY SAVINGS BANK | 65 | $36.4M | $561K | N/A | 1.8% |
| CAMDEN NATIONAL BANK | 58 | $34.4M | $594K | N/A | 4.0% |
| ANDROSCOGGIN SAVINGS BANK | 48 | $30.0M | $625K | N/A | 0.0% |
| Franklin Savings Bank | 252 | $29.5M | $117K | 6.39% | 9.8% |
| Bath Savings Institution | 184 | $28.7M | $156K | 5.72% | 7.1% |
| First National Bank | 136 | $26.4M | $194K | 5.06% | 9.6% |
Top Counties in Maine
| County | Loans | Volume▼ |
|---|---|---|
| Cumberland → | 3,546 | $789.7M |
| York → | 2,513 | $540.6M |
| Penobscot → | 1,705 | $286.2M |
| Androscoggin → | 740 | $164.6M |
| Kennebec → | 825 | $149.1M |
| Hancock → | 711 | $137.7M |
| Aroostook → | 649 | $94.3M |
| Oxford → | 477 | $80.3M |
| Knox → | 374 | $75.1M |
| Somerset → | 319 | $66.6M |
| Sagadahoc → | 269 | $55.1M |
| Waldo → | 268 | $53.8M |
| Lincoln → | 253 | $49.5M |
| Franklin → | 220 | $43.4M |
| Washington → | 151 | $34.3M |
| Piscataquis → | 113 | $22.6M |
| Essex → | 4 | $2.0M |
| Monmouth → | 1 | $675K |
| Suffolk → | 2 | $282K |
| Montgomery → | 1 | $263K |
| Merrimack → | 1 | $200K |
| Rockingham → | 2 | $110K |
| Carroll → | 1 | $50K |
| Middlesex → | 1 | $20K |
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