SBA lending by district
SBA lending in ME-01
SBA 7(a) and 504 financing in Maine's 1st district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 3,698
- Total funded
- $1.1B
- Average loan
- $286K
- 7(a) charge-off
- 2.0%
Borrowers in Maine's 1st district took 3,698 SBA loans worth $1.1B since FY2010, averaging $286K. Of the 2,966 7(a) loans, 2.0% have charged off. See the rest of Maine.
SBA funded volume by fiscal year
Top SBA lenders in ME-01
- 1. Granite State Economic Development Corporation $339.6M
- 2. Bangor Savings Bank $84.7M
- 3. Maine Community Bank $57.7M
- 4. TD Bank, National Association $53.6M
- 5. Norway Savings Bank $40.6M
- 6. Southern Maine Finance Agency $37.2M
- 7. Live Oak Banking Company $32.7M
- 8. KeyBank National Association $32.3M
- 9. Camden National Bank $29.8M
- 10. Manufacturers and Traders Trust Company $29.3M
Method. SBA 7(a) and 504 loans the SBA recorded in ME-01,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.