SBA lender profile
NorState FCU
NorState FCU appears in the public SBA loan data with 75 funded 7(a) loans since FY2010, totaling $4.4M, an average of $58K per loan, and an estimated 370 jobs supported. Its SBA lending concentrates in Maine and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 17.3%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 25
- Scale 15
- Activity 0
- Consistency 51
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is NorState FCU the right lender for you?
Lenders fund what they know. NorState FCU's SBA lending concentrates in Maine (75 loans) and Accommodation and Food Services (17 loans), at an average loan of $58K. 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.
Where NorState FCU lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Maine | 75 | $4.4M |
What NorState FCU funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 17 | $1.6M |
| Retail Trade | 15 | $749K |
| Agriculture, Forestry, Fishing | 9 | $626K |
| Wholesale Trade | 7 | $360K |
| Transportation and Warehousing | 5 | $296K |
| Construction | 6 | $286K |
NorState FCU SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 8 | $350K |
| 2011 | 4 | $423K |
| 2012 | 10 | $794K |
| 2013 | 35 | $1.8M |
| 2014 | 13 | $537K |
| 2015 | 1 | $90K |
| 2018 | 1 | $141K |
| 2019 | 2 | $172K |
| 2021 | 1 | $78K |
Related SBA lenders
Other lenders active in Maine or in Accommodation and Food Services.
Comparing lenders? See how to choose an SBA lender by track record.
NorState FCU: frequently asked questions
Does NorState FCU offer SBA loans?
Yes. NorState FCU appears in the public SBA data with 75 funded SBA 7(a) loans totaling $4.4M.
How many SBA loans has NorState FCU made?
NorState FCU is associated with 75 SBA 7(a) loans totaling $4.4M in the public SBA data (as of 2026-03-31).
What is NorState FCU's SBA charge-off rate?
About 17.3% of NorState FCU'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 NorState FCU do most of its SBA lending?
NorState FCU's SBA lending in the data is most concentrated in Maine, and by industry in Accommodation and Food Services.
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). NorState FCU SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/norstate-fcu/
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