SBA lending by metro area
SBA lenders in Portland, ME
Which lenders fund Portland-area businesses, how much, and how the market compares with Maine: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Portland area
Ranked by SBA volume funded to businesses located in the Portland metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | Granite State Economic Development Corporation | 579 | $304.9M | $527K | not reported |
| 2 | Bangor Savings Bank | 497 | $71.9M | $145K | 1.21% |
| 3 | Maine Community Bank | 233 | $53.8M | $231K | 0.43% |
| 4 | TD Bank, National Association | 375 | $46.3M | $123K | 2.40% |
| 5 | Norway Savings Bank | 142 | $40.5M | $285K | 0.00% |
| 6 | Southern Maine Finance Agency | 67 | $34.2M | $510K | not reported |
| 7 | KeyBank National Association | 104 | $27.4M | $263K | 1.92% |
| 8 | Kennebunk Savings Bank | 143 | $26.1M | $182K | 0.70% |
| 9 | Live Oak Banking Company | 23 | $25.4M | $1.1M | 4.35% |
| 10 | Manufacturers and Traders Trust Company | 140 | $25.1M | $179K | 2.86% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
Ready to talk to Portland-area SBA lenders?
Get matched with the SBA lenders that actually fund businesses like yours, ranked on real loan data by state, industry, and size. Independent: your details go only to the lenders we match you to, never to data brokers.
How Portland compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Portland area | $120K ▲ 20.0% | 20.9% ▲ 5.4 pts |
| Maine | $100K | 15.5% |
| United States | $179K | 11.2% |
What gets funded in Portland
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 660 | $236.0M |
| Retail Trade | 387 | $99.9M |
| Manufacturing | 311 | $94.2M |
| Health Care and Social Assistance | 278 | $83.9M |
| Construction | 312 | $72.0M |
| Other Services | 240 | $61.2M |
| Professional and Technical Services | 242 | $51.0M |
| Administrative and Support | 166 | $39.3M |
SBA lending in Portland by year
Geography, precisely
"Portland area" here means the Portland-South Portland, ME metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Cumberland County, ME; Sagadahoc County, ME; York County, ME. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.