Bangor Savings Bank
21 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 21
- Total approved
- $7.0M
- Median loan
- $200K
- Middle half of loans
- $104K to $364K
- Median starting rate
- 8.00%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 18 industries and 2 states and territories. The largest industry by count was Computer Systems Design Services (2 of 21 approvals). Maine had the highest count among recorded project locations (16).
The median approved loan was $200K versus $707K across the index for FY2024–FY2026. This profile is based on a small sample. Differences can reflect which industries, markets and deal sizes the lender serves.
Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Computer Systems Design Services | 2 | 10% | $1.0M | $2.0M |
| 2 | Electrical Contractors and Other Wiring Installation Contractors | 2 | 10% | $562K | $1.1M |
| 3 | Painting and Wall Covering Contractors | 2 | 10% | $90K | $180K |
| 4 | Pet Care (except Veterinary) Services | 1 | 5% | $680K | $680K |
| 5 | Book Retailers and News Dealers | 1 | 5% | $440K | $440K |
| 6 | Limited-Service Restaurants | 1 | 5% | $400K | $400K |
| 7 | Residential Property Managers | 1 | 5% | $364K | $364K |
| 8 | All Other Plastics Product Manufacturing | 1 | 5% | $350K | $350K |
| 9 | Masonry Contractors | 1 | 5% | $280K | $280K |
| 10 | All Other Specialty Trade Contractors | 1 | 5% | $212K | $212K |
| 11 | Offices of Certified Public Accountants | 1 | 5% | $200K | $200K |
| 12 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 1 | 5% | $170K | $170K |
| 13 | All Other Automotive Repair and Maintenance | 1 | 5% | $118K | $118K |
| 14 | Sports and Recreation Instruction | 1 | 5% | $104K | $104K |
| 15 | General Automotive Repair | 1 | 5% | $100K | $100K |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Maine | 16 | 76% | $172K | $4.1M |
| 2 | New Hampshire | 5 | 24% | $350K | $2.9M |