411 SBA 7(a) loans were approved in Maine last year

$104M in approvals across 17 industry sectors in fiscal year 2025. Below: which sectors got funded, how much a typical approval was, and how long the lenders wrote the paper for.

Build a plan for Maine — free preview$299 one time. Your plan cites this data for your own industry.

What got funded, by sector

Every approved 7(a) loan carries an industry code. Grouped at the sector level, this is where Maine's SBA money went in FY2025.

SectorLoansLendersMedian approvalMedian term
Accommodation and food services6019$177,500120 mo
Construction5615$61,900120 mo
Other services (except public administration)5313$50,000120 mo
Health care and social assistance3914$65,700120 mo
Retail trade3710$182,500120 mo
Professional, scientific and technical services3113$100,000120 mo
Administrative, support and waste management services2813$112,500120 mo
Transportation and warehousing2510$87,900120 mo
Agriculture, forestry, fishing and hunting198$76,00084 mo
Arts, entertainment and recreation1710$117,000114 mo
Manufacturing157$150,000120 mo
Wholesale trade106$113,700120 mo
Educational services75$100,000120 mo
Real estate, rental and leasing66$165,000120 mo
Finance and insurance44$455,000120 mo
Mining, quarrying, and oil and gas extraction21$102,900102 mo
Information22$1,525,00093 mo

Medians are per sector and are not averaged together — a median cannot be added up. Sector counts partition the year: they sum to the 411 approvals above, with no loan counted twice.

Maine industries in detail

Where the data is thick enough to name lenders and show the spread of approvals, there is a page for the industry itself.

Lenders active across Maine

These names come up at the top of several sectors in Maine. It is a picture of who is lending here — not a ranking: the published file lists the leading lenders of each sector, so a bank strong in one single sector can be missing from this view.

TD Bank, National Association16 sectorsBangor Savings Bank10 sectorsMaine Community Bank11 sectorsManufacturers and Traders Trust Company12 sectorsNortheast Bank14 sectorsAndroscoggin Savings Bank6 sectorsAtlantic Regional Federal Credit Union6 sectorsBar Harbor Bank & Trust6 sectorsNorway Savings Bank6 sectorsKatahdin Trust Company4 sectorsNewtek Bank, National Association5 sectorsMachias Savings Bank6 sectors

Where this comes from

U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), as published on 2026-06-30. Fiscal year 2025 is the last complete one; the year in progress is excluded so the figures do not move under you. All our sources.

This page reports approvals. It says nothing about applications that were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.

Other states

Your plan can cite these numbers

Every plan we build pulls this data for your own state and industry, positions your request against what actually got approved, and computes the coverage ratio your deal is held to — before you pay.

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