Maine · Professional Services
SBA loans for professional services in Maine
402 loans worth $77.5M approved since FY2010 for professional, scientific, and technical services projects located in Maine.
Loans
402
Approved
$77.5M
Median loan
$97,000
-35% vs sector nationally
Median rate
6.12%
Jobs supported
2,298
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 professional services in Maine
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Granite State Economic Development Corporation | 40 | $13.0M | |
| Live Oak Banking Company | 10 | $9.5M | |
| Bangor Savings Bank | 66 | $7.4M | |
| Norway Savings Bank | 21 | $6.8M | |
| KeyBank | 21 | $3.6M | |
| Northeast Bank | 15 | $3.2M | |
| TD Bank | 57 | $2.9M | |
| Androscoggin Savings Bank | 16 | $2.6M |
Detail
Which industries inside the sector
All SBA lending in Maine
6,353 loans across every sector.
Professional Services nationally
101,046 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to professional services businesses in Maine?
- 402 SBA loans totalling $77,505,800 have been approved for professional, scientific, and technical services projects in Maine since FY2010.
- Which lenders finance professional services in Maine?
- The most active by dollars approved are Granite State Economic Development Corporation, Live Oak Banking Company, Bangor Savings Bank, Norway Savings Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for professional services in Maine?
- The median approval is $97,000, 35% below the national median for this sector ($150,000).
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