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SBA lenders in Bangor, ME

SBA 7(a) and 504 loans to businesses in Bangor (Penobscot County), October 2021 to June 30, 2026 · Updated October 15, 2026
59
SBA loans approved
$22.1M
Total approved
$150,000
Median loan
15
Lenders active
47%
To startups

59 SBA loans worth $22.1M went to businesses in Bangor, ME between October 2021 and June 2026, from 15 lenders. Machias Savings Bank made the most, 14 loans. The median loan was $150,000, compared with $135,000 across Maine, and construction was the most financed industry.

Most active SBA lenders in Bangor

#LenderLoansApprovedMedian loanTo startups
1Machias Savings Bank
Bank · Machias, ME
14$3.7M$163,50043%
2TD Bank
Bank · Wilmington, DE
11$1.0M$50,00064%
3Bangor Savings Bank
Bank · Bangor, ME
10$2.4M$125,15030%
4KeyBank
Bank · Cleveland, OH
6$680K$40,00083%
5Bar Harbor Bank & Trust
Bank · Bar Harbor, ME
5$1.4M$235,00040%
6CIBC Bank USA
Bank · Chicago, IL
2$4.3M$2,169,7500%
7Byline Bank
Bank · Chicago, IL
2$4.2M$2,075,000100%
8Northeast Bank
Bank · Portland, ME
2$700K$350,0000%
9Granite State Economic Development
Certified development company · Portsmouth, NH
1$1.8M$1,793,0000%
10Maine Community Bank
Bank · Portland, ME
1$800K$800,400100%
111st Financial Bank USA
Bank · Dakota Dunes, SD
1$445K$445,0000%
12Five Star Bank
Bank · Roseville, CA
1$300K$300,0000%
13BayFirst National Bank
Bank · St. Petersburg, FL
1$150K$150,0000%
14Eastern Maine Development
Non-bank lender · Bangor, ME
1$135K$135,000100%
15Seaboard FCU
Credit union · Bucksport, ME
1$54K$54,500100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Bangor. For 504 loans the lender shown is the certified development company.

What gets financed in Bangor

IndustryLoansShareMedian loanMost active lender
Construction11
19%
$100,000TD Bank
Administrative and support services7
12%
$140,000KeyBank
Arts, entertainment and recreation7
12%
$150,000Machias Savings Bank
Health care and social assistance7
12%
$60,000Bangor Savings Bank
Other services (repair, personal care)7
12%
$125,000Machias Savings Bank
Manufacturing5
8%
$215,000CIBC Bank USA
Retail5
8%
$235,000Bar Harbor Bank & Trust
Transportation and warehousing4
7%
$125,000Byline Bank
Loan size mix
  • Under $150,00049%
  • $150,000 to $500,00031%
  • $500,000 to $2 million17%
  • $2 million and up3%
Compared with Maine
Median loan, Bangor
$150,000
Median loan, Maine
$135,000
Startup share, Bangor
47%
Startup share, Maine
40%
Share of state's SBA loans
3.2%

SBA loans per fiscal year in Bangor

0102030FY14: 26 loansFY1426FY15: 19 loansFY15FY16: 18 loansFY16FY17: 17 loansFY17FY18: 20 loansFY18FY19: 13 loansFY19FY20: 10 loansFY20FY21: 18 loansFY21FY22: 6 loansFY22FY23: 10 loansFY23FY24: 17 loansFY24FY25: 13 loansFY25FY26 (Oct to Jun): 13 loansFY2613
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
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.