Top SBA lenders in Maine

43 lenders approved 339 SBA 7(a) loans worth $89.5M for Maine businesses in FY2025. Live Oak Banking Company leads with 14.5%.

Maine league table, FY2025 ranked by dollars approved · by project location

#	Lender	HQ state	Approved	Loans	Avg loan	Share
1	Live Oak Banking Company	NC	$13.0M	7	$1.9M	14.5%
2	Maine Community Bank	ME	$11.4M	35	$325K	12.7%
3	Bangor Savings Bank	ME	$10.2M	45	$227K	11.4%
4	TD Bank, National Association	DE	$5.4M	67	$81K	6.1%
5	Androscoggin Savings Bank	ME	$4.1M	20	$207K	4.6%
6	Norway Savings Bank	ME	$4.1M	11	$375K	4.6%
7	Bath Savings Institution	ME	$3.7M	5	$736K	4.1%
8	Customers Bank	PA	$3.2M	1	$3.2M	3.6%
9	Manufacturers and Traders Trust Company	NY	$3.1M	27	$116K	3.5%
10	Northwest Bank	PA	$2.7M	2	$1.4M	3.1%
11	Northeast Bank	ME	$2.2M	12	$182K	2.4%
12	Byline Bank	IL	$2.0M	1	$2.0M	2.2%
13	Fifth Third Bank, National Association	OH	$1.7M	1	$1.7M	1.9%
14	Katahdin Trust Company	ME	$1.6M	11	$149K	1.8%
15	Franklin Savings Bank	ME	$1.6M	6	$271K	1.8%
16	Machias Savings Bank	ME	$1.6M	8	$198K	1.8%
17	Bar Harbor Bank & Trust	ME	$1.3M	10	$131K	1.5%
18	Eastern Bank	MA	$1.3M	3	$424K	1.4%
19	Kennebunk Savings Bank	ME	$1.2M	5	$249K	1.4%
20	Hanover Community Bank	NY	$1.2M	1	$1.2M	1.4%
21	Atlantic Regional Federal Credit Union	ME	$1.2M	16	$76K	1.4%
22	Bank of Hope	CA	$1.0M	1	$1.0M	1.1%
22	The Camden National Bank	ME	$1.0M	1	$1.0M	1.1%
24	United Midwest Savings Bank, National Association	OH	$985K	1	$985K	1.1%
25	TowneBank	VA	$985K	1	$985K	1.1%

Showing the top 25 of 43 lenders active in Maine.

Pro shows every lender, plus each one’s seven-year SBA history, industries and pricing.

Line	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026 to date
Approved	$35.5M	$97.0M	$61.6M	$66.6M	$80.9M	$89.5M	$65.3M
Loans	185	243	235	308	333	339	180
Active lenders	31	40	35	35	39	43	37

Working Maine?

13 of the lenders shown are headquartered in Maine. See who holds the deposits in Maine, or screen the state’s banks and credit unions by ratio.