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Bank · Portland, ME

Northeast Bank: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
13,548
SBA loans approved
$2.1B
Total approved
$125,000
Median loan
51
States lent in
11%
To startups
#4
National rank by loans

Northeast Bank approved 13,548 SBA loans worth $2.1B between October 2021 and June 2026, ranking #4 of 2,283 SBA lenders nationally by loan count. Its median loan was $125,000, and 11% went to startups or businesses under two years old. It lent in 51 states, most often in California, and its most financed industry was construction.

SBA loans per fiscal year

02,6675,3338,000FY14: 49 loansFY14FY15: 159 loansFY15FY16: 233 loansFY16FY17: 539 loansFY17FY18: 902 loansFY18FY19: 517 loansFY19FY20: 9 loansFY20FY21FY22: 103 loansFY22FY23: 448 loansFY23FY24: 2,552 loansFY24FY25: 7,800 loansFY257,800FY26 (Oct to Jun): 2,645 loansFY262,645
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Northeast Bank lends

StateLoansApprovedMedian loanRank in state
California2,150$371.4M$150,000#2
Florida1,288$207.0M$125,000#6
Texas1,213$189.4M$122,500#3
New York932$163.7M$150,000#4
New Jersey600$90.6M$100,000#3
Georgia552$82.0M$124,400#3
Illinois548$87.2M$132,000#5
North Carolina427$61.4M$110,000#3
Pennsylvania425$66.4M$130,000#4
Colorado341$55.6M$120,000#6
Virginia332$49.1M$107,700#4
Arizona307$46.1M$145,400#6
Washington307$47.9M$125,000#5
Michigan288$42.6M$100,000#6
Maryland270$41.9M$120,000#2

Industries Northeast Bank finances

IndustryLoansShareMedian loan
Construction2,008
15%
$150,000
Professional and technical services1,855
14%
$100,000
Retail1,623
12%
$140,000
Health care and social assistance1,201
9%
$112,000
Restaurants and hotels1,160
9%
$133,000
Other services (repair, personal care)1,160
9%
$100,000
Transportation and warehousing996
7%
$86,600
Administrative and support services718
5%
$120,050
Manufacturing713
5%
$143,300
Wholesale trade711
5%
$150,000
Loan size mix
  • Under $150,00053%
  • $150,000 to $500,00042%
  • $500,000 to $2 million4%
  • $2 million and up0%
Loan programs used
  • Preferred Lender (PLP)100%
  • Standard 7(a)0%
  • International Trade Loans0%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.