Maine · Transportation
SBA loans for transportation in Maine
264 loans worth $42.9M approved since FY2010 for transportation and warehousing projects located in Maine.
Loans
264
Approved
$42.9M
Median loan
$50,000
-22% vs sector nationally
Median rate
6.88%
Jobs supported
1,963
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 transportation in Maine
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Katahdin Trust Company | 78 | $5.2M | |
| Newtek Small Business Finance, Inc. | 4 | $4.9M | |
| Granite State Economic Development Corporation | 9 | $4.8M | |
| Byline Bank | 2 | $4.2M | |
| Bangor Savings Bank | 21 | $3.5M | |
| Northwest Bank | 2 | $2.7M | |
| Machias Savings Bank | 8 | $2.7M | |
| Manufacturers and Traders Trust Company | 5 | $2.0M |
Detail
Which industries inside the sector
All SBA lending in Maine
6,353 loans across every sector.
Transportation nationally
49,317 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to transportation businesses in Maine?
- 264 SBA loans totalling $42,879,300 have been approved for transportation and warehousing projects in Maine since FY2010.
- Which lenders finance transportation in Maine?
- The most active by dollars approved are Katahdin Trust Company, Newtek Small Business Finance, Inc., Granite State Economic Development Corporation, Byline Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for transportation in Maine?
- The median approval is $50,000, 22% below the national median for this sector ($64,000).
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