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Home » News » Top SBA Lenders – SBA Loans Maine

Top SBA Lenders – SBA Loans Maine

Published by sbalenders On February 26, 2020

Last annual update: Feb 7, 2021

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Top Maine PPP lenders (loans <$150,000)

RankBank# PPP Loans
1Bangor Savings Bank3,733
2Camden National Bank2,642
3Machias Savings Bank1,964
4First National Bank1,569
5TD Bank1,550
6Norway Savings Bank1,204
7Bar Harbor Bank & Trust939
8Kennebunk Savings Bank937
9Gorham Savings Bank872
10KeyBank National Association872

Maine-based banks were among the largest lenders to “The Pine Tree State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in Maine:

Most active SBA lenders in Maine

State RankBankBank Headquarters# of LoansAvg LoanAvg Interest
1TD BankWilmington, DE54$33,46110.6%
2Bangor Savings BankBangor, ME43$99,2096.1%
3Camden National BankCamden, ME18$153,6115.1%
4Infinity FCUWestbrook, ME17$53,5888.3%
5Norway Savings BankNorway, ME7$280,1145.6%
6Kennebunk Savings BankKennebunk, ME7$231,0005.6%
7Bath Savings InstitutionBath, ME7$146,5496.2%
8KeyBankCleveland, OH6$582,5007.3%
9Live OakWilmington, NC5$951,0007.0%
10Stearns BankSaint Cloud, MN4$382,2507.9%
11Gorham Savings BankGorham, ME4$276,2505.3%
12Seaboard FCUBucksport, ME4$67,5006.8%
13People's United BankBridgeport, CT4$36,8759.3%
14First Home BankSaint Petersburg, FL3$150,0008.0%
15Northway BankBerlin, NH3$31,6676.8%

  Traditional small biz loan inquiry  

  Apply online for a PPP loan today   

Note: Maine PPP loan activity data from the CARES Act from March – August and does not include Heals/Heroes Act PPP loans.

Categories: News Tags: Maine
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Copyright 2021. All rights reserved. Note: We are not part of or affiliated with the Small Business Administration or U.S. Government.
Note: We are not part of or affiliated with the Small Business Administration or U.S. Government.

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Top SBA Lenders - SBA Loans Maine