Maine · Construction
SBA loans for construction in Maine
694 loans worth $130.4M approved since FY2010 for construction projects located in Maine.
Loans
694
Approved
$130.4M
Median loan
$61,200
-39% vs sector nationally
Median rate
6.75%
Jobs supported
4,215
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 construction in Maine
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Bangor Savings Bank | 100 | $17.6M | |
| Granite State Economic Development Corporation | 48 | $16.8M | |
| TD Bank | 175 | $15.6M | |
| Maine Community Bank | 28 | $8.9M | |
| Partners Bank of New England | 6 | $6.6M | |
| KeyBank | 50 | $5.5M | |
| Newtek Small Business Finance, Inc. | 4 | $5.3M | |
| Pathward | 2 | $5.2M |
Detail
Which industries inside the sector
All SBA lending in Maine
6,353 loans across every sector.
Construction nationally
115,753 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to construction businesses in Maine?
- 694 SBA loans totalling $130,427,400 have been approved for construction projects in Maine since FY2010.
- Which lenders finance construction in Maine?
- The most active by dollars approved are Bangor Savings Bank, Granite State Economic Development Corporation, TD Bank, Maine Community Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for construction in Maine?
- The median approval is $61,200, 39% below the national median for this sector ($100,000).
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