SBA lender profile
Machias Savings Bank
Machias Savings Bank appears in the public SBA loan data with 162 funded 7(a) loans since FY2010, totaling $48.8M, an average of $302K per loan, and an estimated 1,612 jobs supported. Its SBA lending concentrates in Maine and the Retail Trade sector. Across its 7(a) loans, the charge-off rate is 3.7%. 72.8% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 68
- Scale 58
- Activity 64
- Consistency 78
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Machias Savings Bank the right lender for you?
Lenders fund what they know. Machias Savings Bank's SBA lending concentrates in Maine (161 loans) and Retail Trade (26 loans), at an average loan of $302K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $2.6B
- Headquarters
- Machias, ME
- FDIC cert
- #19531
- Status
- Active
Where Machias Savings Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Maine | 161 | $48.5M |
| New Hampshire | 1 | $304K |
Metro areas where Machias Savings Bank funds
What Machias Savings Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 26 | $10.9M |
| Accommodation and Food Services | 22 | $5.2M |
| Health Care and Social Assistance | 15 | $4.8M |
| Transportation and Warehousing | 11 | $4.7M |
| Real Estate | 7 | $4.3M |
| Manufacturing | 11 | $4.2M |
Machias Savings Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 24 | $7.3M |
| 2011 | 27 | $6.3M |
| 2012 | 4 | $987K |
| 2013 | 8 | $2.1M |
| 2014 | 10 | $3.3M |
| 2015 | 14 | $2.0M |
| 2016 | 3 | $170K |
| 2018 | 1 | $150K |
| 2019 | 4 | $1.2M |
| 2020 | 3 | $1.9M |
| 2021 | 13 | $3.3M |
| 2022 | 12 | $3.3M |
| 2023 | 6 | $2.8M |
| 2024 | 16 | $9.5M |
| 2025 | 10 | $1.7M |
| 2026 | 7 | $2.9M |
Related SBA lenders
Other lenders active in Maine or in Retail Trade.
Comparing lenders? See how to choose an SBA lender by track record.
Machias Savings Bank: frequently asked questions
Does Machias Savings Bank offer SBA loans?
Yes. Machias Savings Bank appears in the public SBA data with 162 funded SBA 7(a) loans totaling $48.8M.
How many SBA loans has Machias Savings Bank made?
Machias Savings Bank is associated with 162 SBA 7(a) loans totaling $48.8M in the public SBA data (as of 2026-03-31).
What is Machias Savings Bank's SBA charge-off rate?
About 3.7% of Machias Savings Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Machias Savings Bank do most of its SBA lending?
Machias Savings Bank's SBA lending in the data is most concentrated in Maine, and by industry in Retail Trade.
Is Machias Savings Bank an SBA Preferred Lender (PLP)?
The loan record shows Machias Savings Bank operating under PLP delegated authority: 118 of its 7(a) loans (72.8%) were processed through the Preferred Lenders Program, including 26 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Machias Savings Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/machias-savings-bank/
Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.
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