SBA lending by district
SBA lending in ME-02
SBA 7(a) and 504 financing in Maine's 2nd 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
- 2,561
- Total funded
- $581.0M
- Average loan
- $227K
- 7(a) charge-off
- 3.1%
Borrowers in Maine's 2nd district took 2,561 SBA loans worth $581.0M since FY2010, averaging $227K. Of the 2,323 7(a) loans, 3.1% have charged off. See the rest of Maine.
SBA funded volume by fiscal year
Top SBA lenders in ME-02
- 1. Granite State Economic Development Corporation $102.0M
- 2. Katahdin Trust Company $51.0M
- 3. Bangor Savings Bank $46.2M
- 4. Machias Savings Bank $42.4M
- 5. TD Bank, National Association $33.8M
- 6. Live Oak Banking Company $32.4M
- 7. Bar Harbor Bank & Trust $26.0M
- 8. Eastern Maine Development Corporation $21.6M
- 9. Camden National Bank $21.5M
- 10. KeyBank National Association $20.8M
Method. SBA 7(a) and 504 loans the SBA recorded in ME-02,
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.