SBA lender profile
Southern Maine Finance Agency
Southern Maine Finance Agency appears in the public SBA loan data with 111 funded 504 loans totaling $51.4M, an average of $463K per loan, and an estimated 967 jobs supported. Its SBA lending concentrates in Maine and the Accommodation and Food Services 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
111
Total volume
$51.4M
Average loan size
$463K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
967
Programs
504
Southern Maine Finance Agency is a Certified Development Company (a 504 lender), not an FDIC-insured bank.
Where Southern Maine Finance Agency lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Maine | 110 | $50.7M |
| Massachusetts | 1 | $675K |
What Southern Maine Finance Agency funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 40 | $19.4M |
| Health Care and Social Assistance | 17 | $10.2M |
| Retail Trade | 13 | $5.1M |
| Manufacturing | 5 | $4.9M |
| Other Services | 8 | $2.9M |
| Arts, Entertainment, Recreation | 5 | $2.4M |
Southern Maine Finance Agency SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 10 | $4.1M |
| 2011 | 8 | $2.7M |
| 2012 | 2 | $458K |
| 2013 | 8 | $3.0M |
| 2014 | 10 | $3.5M |
| 2015 | 10 | $4.3M |
| 2016 | 11 | $5.0M |
| 2017 | 5 | $2.2M |
| 2018 | 13 | $7.0M |
| 2019 | 10 | $4.1M |
| 2022 | 1 | $311K |
| 2023 | 4 | $1.4M |
| 2024 | 4 | $1.5M |
| 2025 | 11 | $5.6M |
| 2026 | 4 | $6.4M |
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 Southern Maine Finance Agency'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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