SBA lender profile
Norway Savings Bank
Norway Savings Bank appears in the public SBA loan data with 176 funded 7(a) loans since FY2010, totaling $51.6M, an average of $293K per loan, and an estimated 1,743 jobs supported. Its SBA lending concentrates in Maine and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 91
- Scale 60
- Activity 68
- Consistency 79
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Norway Savings Bank the right lender for you?
Lenders fund what they know. Norway Savings Bank's SBA lending concentrates in Maine (168 loans) and Manufacturing (21 loans), at an average loan of $293K. 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
- $2.1B
- Headquarters
- Norway, ME
- FDIC cert
- #17658
- Status
- Active
Where Norway Savings Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Maine | 168 | $45.0M |
| New Hampshire | 7 | $6.4M |
| Colorado | 1 | $289K |
Metro areas where Norway Savings Bank funds
What Norway Savings Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 21 | $15.4M |
| Professional and Technical Services | 22 | $6.9M |
| Accommodation and Food Services | 38 | $6.8M |
| Retail Trade | 22 | $5.9M |
| Other Services | 12 | $4.4M |
| Health Care and Social Assistance | 13 | $3.7M |
Norway Savings Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 41 | $4.9M |
| 2011 | 8 | $597K |
| 2012 | 5 | $937K |
| 2013 | 5 | $669K |
| 2014 | 6 | $442K |
| 2015 | 9 | $7.1M |
| 2016 | 13 | $1.8M |
| 2017 | 8 | $1.3M |
| 2018 | 10 | $5.2M |
| 2019 | 5 | $3.2M |
| 2020 | 11 | $2.4M |
| 2021 | 10 | $2.3M |
| 2022 | 3 | $3.2M |
| 2023 | 9 | $1.4M |
| 2024 | 19 | $6.8M |
| 2025 | 14 | $9.5M |
Related SBA lenders
Other lenders active in Maine or in Manufacturing.
Comparing lenders? See how to choose an SBA lender by track record.
Norway Savings Bank: frequently asked questions
Does Norway Savings Bank offer SBA loans?
Yes. Norway Savings Bank appears in the public SBA data with 176 funded SBA 7(a) loans totaling $51.6M.
How many SBA loans has Norway Savings Bank made?
Norway Savings Bank is associated with 176 SBA 7(a) loans totaling $51.6M in the public SBA data (as of 2026-03-31).
What is Norway Savings Bank's SBA charge-off rate?
About 0.0% of Norway 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 Norway Savings Bank do most of its SBA lending?
Norway Savings Bank's SBA lending in the data is most concentrated in Maine, and by industry in Manufacturing.
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). Norway Savings Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/norway-savings-bank/
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