Maine · Retail
SBA loans for retail in Maine
604 loans worth $197.0M approved since FY2010 for retail trade projects located in Maine.
Loans
604
Approved
$197.0M
Median loan
$148,500
-41% vs sector nationally
Median rate
5.75%
Jobs supported
5,386
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 retail in Maine
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Granite State Economic Development Corporation | 99 | $63.7M | |
| Maine Community Bank | 30 | $12.7M | |
| Bangor Savings Bank | 80 | $10.9M | |
| Machias Savings Bank | 19 | $9.9M | |
| Live Oak Banking Company | 7 | $9.7M | |
| Androscoggin Savings Bank | 10 | $7.0M | |
| Camden National Bank | 38 | $6.5M | |
| TD Bank | 49 | $6.3M |
Detail
Which industries inside the sector
All SBA lending in Maine
6,353 loans across every sector.
Retail nationally
91,542 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to retail businesses in Maine?
- 604 SBA loans totalling $196,966,400 have been approved for retail trade projects in Maine since FY2010.
- Which lenders finance retail in Maine?
- The most active by dollars approved are Granite State Economic Development Corporation, Maine Community Bank, Bangor Savings Bank, Machias Savings Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for retail in Maine?
- The median approval is $148,500, 41% below the national median for this sector ($250,000).
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