SBA lender profile
Skowhegan Savings Bank
Skowhegan Savings Bank appears in the public SBA loan data with 2 funded 7(a) loans totaling $3.2M, an average of $1.6M per loan, and an estimated 157 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
2
Total volume
$3.2M
Average loan size
$1.6M
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
157
Programs
7(a)
Bank profile
via FDIC- Total assets
- $843M
- Headquarters
- Skowhegan, ME
- FDIC cert
- #19532
- Status
- Active
Where Skowhegan Savings Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Maine | 2 | $3.2M |
What Skowhegan Savings Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 1 | $2.5M |
| Real Estate | 1 | $660K |
Skowhegan Savings Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 1 | $660K |
| 2021 | 1 | $2.5M |
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 Skowhegan 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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