SBA lender profile
Norway Savings Bank
Norway Savings Bank appears in the public SBA loan data with 66 funded 7(a) loans totaling $25.6M, an average of $388K per loan, and an estimated 709 jobs supported. Its SBA lending concentrates in Maine and the Manufacturing sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
66
Total volume
$25.6M
Average loan size
$388K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
709
Programs
7(a)
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 | 62 | $19.9M |
| New Hampshire | 3 | $5.4M |
| Colorado | 1 | $289K |
What Norway Savings Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 6 | $10.4M |
| Retail Trade | 13 | $5.2M |
| Accommodation and Food Services | 18 | $5.0M |
| Arts, Entertainment, Recreation | 7 | $2.0M |
| Real Estate | 1 | $727K |
| Other Services | 5 | $682K |
Norway Savings Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 11 | $2.4M |
| 2021 | 10 | $2.3M |
| 2022 | 3 | $3.2M |
| 2023 | 9 | $1.4M |
| 2024 | 19 | $6.8M |
| 2025 | 14 | $9.5M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Norway Savings Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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