SBA acquisition lenders in Maine
104 SBA 7(a) change-of-ownership loans in Maine, FY2024–FY2026. Lender rankings, typical loan size, rates and the industries changing hands.
- Acquisitions financed
- 104
- Total approved
- $73.7M
- Median loan
- $315K
- Middle half of loans
- $129K to $928K
- Median starting rate
- 8.00%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in Maine
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Maine Community Bank | 21 | 20% | $480K | $15.7M |
| 2 | Bangor Savings Bank | 16 | 15% | $172K | $4.1M |
| 3 | Machias Savings Bank | 15 | 14% | $375K | $8.0M |
| 4 | Kennebunk Savings Bank | 9 | 9% | $180K | $2.2M |
| 5 | Norway Savings Bank | 7 | 7% | $135K | $2.6M |
| 6 | Atlantic Regional Federal Credit Union | 6 | 6% | $69K | $439K |
| 7 | Live Oak Banking Company | 3 | 3% | $1.6M | $6.8M |
| 8 | CIBC Bank USA | 2 | 2% | $2.2M | $4.3M |
| 9 | 22nd State Bank, A Division of 22nd State Banking Company | 2 | 2% | $1.2M | $2.3M |
| 10 | The Huntington National Bank | 2 | 2% | $836K | $1.7M |
| 11 | Bar Harbor Bank & Trust | 2 | 2% | $142K | $285K |
| 12 | Port 51 Lending LLC | 1 | 1% | $3.3M | $3.3M |
| 13 | Customers Bank | 1 | 1% | $3.2M | $3.2M |
| 14 | Truliant FCU | 1 | 1% | $2.5M | $2.5M |
| 15 | Byline Bank | 1 | 1% | $2.0M | $2.0M |
What is being bought in Maine
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 6 | 6% | $892K | $6.5M |
| 2 | Full-Service Restaurants | 6 | 6% | $238K | $2.1M |
| 3 | Limited-Service Restaurants | 5 | 5% | $366K | $2.2M |
| 4 | Pet Care (except Veterinary) Services | 4 | 4% | $640K | $2.3M |
| 5 | Snack and Nonalcoholic Beverage Bars | 4 | 4% | $105K | $596K |
| 6 | Residential Property Managers | 3 | 3% | $364K | $2.0M |
| 7 | Coin-Operated Laundries and Drycleaners | 3 | 3% | $538K | $1.4M |
| 8 | All Other Miscellaneous Textile Product Mills | 3 | 3% | $441K | $1.4M |
| 9 | Gasoline Stations with Convenience Stores | 2 | 2% | $2.4M | $4.7M |
| 10 | Wood Kitchen Cabinet and Countertop Manufacturing | 2 | 2% | $2.2M | $4.3M |
| 11 | All Other Professional, Scientific, and Technical Services | 2 | 2% | $1.2M | $2.3M |
| 12 | All Other Specialty Trade Contractors | 2 | 2% | $1.1M | $2.2M |
| 13 | Aircraft Manufacturing | 2 | 2% | $824K | $1.6M |
| 14 | Fitness and Recreational Sports Centers | 2 | 2% | $598K | $1.2M |
| 15 | Electrical Contractors and Other Wiring Installation Contractors | 2 | 2% | $562K | $1.1M |
Maine by industry
- Supermarkets and Other Grocery Retailers (except Convenience Retailers) 6
- Full-Service Restaurants 6
- Limited-Service Restaurants 5