Advertiser disclosure: Some links on this page earn us a commission. Compensation never affects our data, our rankings, or which lenders we cover. How we make money.
Maine · Agriculture
SBA loans for agriculture in Maine
281 loans worth $43.1M approved since FY2010 for agriculture, forestry, fishing and hunting projects located in Maine.
Loans
281
Approved
$43.1M
Median loan
$76,000
-62% vs sector nationally
Median rate
6.43%
Jobs supported
1,005
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to agriculture in Maine
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Katahdin Trust Company | 87 | $13.6M | |
| Celtic Bank Corporation | 4 | $5.3M | |
| Franklin Savings Bank | 32 | $4.6M | |
| Bangor Savings Bank | 25 | $3.3M | |
| Granite State Economic Development Corporation | 5 | $3.2M | |
| Maine Community Bank | 12 | $2.3M | |
| Eastern Maine Development Corporation | 7 | $1.5M | |
| Manufacturers and Traders Trust Company | 5 | $1.5M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for agriculture in Maine since FY2010 was $76,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Maine
6,353 loans across every sector.
Agriculture nationally
13,339 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to agriculture businesses in Maine?
- 281 SBA loans totalling $43,134,600 have been approved for agriculture, forestry, fishing and hunting projects in Maine since FY2010.
- Which lenders finance agriculture in Maine?
- The most active by dollars approved are Katahdin Trust Company, Celtic Bank Corporation, Franklin Savings Bank, Bangor Savings Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for agriculture in Maine?
- The median approval is $76,000, 62% below the national median for this sector ($200,000).
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.