---
title: SBA 504 Lenders in Maine: 28 Made Loans in 3 Years
url: https://lender.report/sba-504-lenders/maine/
license: https://lender.report/license/
---

SBA 504 · ME

# SBA 504 lenders in Maine

28 lenders provided the first lien on at least one SBA 504 project in Maine in the 36 months ending September 30, 2026. Bangor Savings Bank made the most, with 28 of the 140 on record.

**Evidence**
Lender provided the first lien on at least one SBA 504 project in Maine in the 36 months ending September 30, 2026

**Data as of**
SBA, September 30, 2026

**Page last changed**
November 11, 2026

**Lenders on record**
28

SBA FOIA, Sep 30, 2026

**First liens, 36 months**
140

SBA FOIA, Sep 30, 2026

Approvals, net of cancelled

**Dollars, 36 months**
$154M

SBA FOIA, Sep 30, 2026

**Approvals, last 12 months (funded or not)**
46

SBA FOIA, Sep 30, 2026

-9.8% from the prior 12 months

Cite this

Source: The Lender Report, SBA 504 lenders in Maine, https://lender.report/sba-504-lenders/maine/, data as of September 30, 2026.

## Describe a deal in Maine

See which of these lenders made loans like yours, at your size and in your place. No account and no form.

[Show SBA 504 loans in Maine](https://lender.report/comps/?lane=sba_504&state=ME)[On this list? Find your page](https://lender.report/for-lenders/?from=market)

| Lender | Kind | Based in | First liens | Dollars |
| --- | --- | --- | --- | --- |
| [Bangor Savings Bank](https://lender.report/lender/bangor-savings-bank-me/) [SBA 504 record](https://lender.report/lender/bangor-savings-bank-me/sba-504/) | Savings | Bangor, ME | 28 | $21.7M |
| [Maine Community Bank](https://lender.report/lender/maine-community-bank-me/) [SBA 504 record](https://lender.report/lender/maine-community-bank-me/sba-504/) | Savings | Portland, ME | 14 | $15.1M |
| [Machias Savings Bank](https://lender.report/lender/machias-savings-bank-me/) [SBA 504 record](https://lender.report/lender/machias-savings-bank-me/sba-504/) | Savings | Machias, ME | 13 | $15.9M |
| [Kennebunk Savings Bank](https://lender.report/lender/kennebunk-savings-bank-me/) [SBA 504 record](https://lender.report/lender/kennebunk-savings-bank-me/sba-504/) | Savings | Kennebunk, ME | 12 | $13.7M |
| [Norway Savings Bank](https://lender.report/lender/norway-savings-bank-me/) [SBA 504 record](https://lender.report/lender/norway-savings-bank-me/sba-504/) | Savings | Norway, ME | 10 | $18.1M |
| [Katahdin Trust Company](https://lender.report/lender/katahdin-trust-me/) | Bank | Patten, ME | 9 | $8.32M |
| [Skowhegan Savings Bank](https://lender.report/lender/skowhegan-savings-bank-me/) | Savings | Skowhegan, ME | 8 | $22.0M |
| [Evergreen Credit Union](https://lender.report/lender/evergreen-credit-union-me/) [SBA 504 record](https://lender.report/lender/evergreen-credit-union-me/sba-504/) | Credit union | Portland, ME | 8 | $4.20M |
| [Partners Bank of New England](https://lender.report/lender/partners-bank-of-new-england-me/) [SBA 504 record](https://lender.report/lender/partners-bank-of-new-england-me/sba-504/) | Savings | Sanford, ME | 6 | $2.75M |
| [Kennebec Savings Bank](https://lender.report/lender/kennebec-savings-bank-me/) [SBA 504 record](https://lender.report/lender/kennebec-savings-bank-me/sba-504/) | Savings | Augusta, ME | 5 | $4.35M |
| [The Camden National Bank](https://lender.report/lender/camden-national-bank-me/) [SBA 504 record](https://lender.report/lender/camden-national-bank-me/sba-504/) | Bank | Camden, ME | 3 | $2.70M |
| [Saco & Biddeford Savings Institution](https://lender.report/lender/saco-and-biddeford-savings-institution-me/) | Savings | Saco, ME | 3 | $2.40M |
| [First National Bank](https://lender.report/lender/first-national-bank-me/) | Bank | Damariscotta, ME | 3 | $2.00M |
| [Bath Savings Institution](https://lender.report/lender/bath-savings-institution-me/) | Savings | Bath, ME | 2 | $1.50M |
| [Androscoggin Savings Bank](https://lender.report/lender/androscoggin-savings-bank-me/) | Savings | Lewiston, ME | 2 | $980K |
| [Manufacturers and Traders Trust Company](https://lender.report/lender/manufacturers-and-traders-trust-ny/) [SBA 504 record](https://lender.report/lender/manufacturers-and-traders-trust-ny/sba-504/) | Bank | Buffalo, NY | 2 | $540K |
| [Bank of New Hampshire](https://lender.report/lender/bank-of-new-hampshire-nh/) | Bank | Laconia, NH | 1 | $5.40M |
| [Ancorum Credit Union](https://lender.report/lender/ancorum-credit-union-me/) | Credit union | Bath, ME | 1 | $3.60M |
| [First Bank of the Lake](https://lender.report/lender/first-bank-of-the-lake-mo/) [SBA 504 record](https://lender.report/lender/first-bank-of-the-lake-mo/sba-504/) | Bank | Osage Beach, MO | 1 | $2.10M |
| [Northfield Savings Bank](https://lender.report/lender/northfield-savings-bank-vt/) | Savings | Northfield, VT | 1 | $1.60M |
| [Banc of California](https://lender.report/lender/banc-of-california-ca/) [SBA 504 record](https://lender.report/lender/banc-of-california-ca/sba-504/) | Bank | Los Angeles, CA | 1 | $1.50M |
| [Newburyport Five Cents Savings Bank](https://lender.report/lender/newburyport-five-cents-savings-bank-ma/) | Savings | Newburyport, MA | 1 | $1.20M |
| [TD Bank, National Association](https://lender.report/lender/td-bank-de/) [SBA 504 record](https://lender.report/lender/td-bank-de/sba-504/) | Bank | Wilmington, DE | 1 | $630K |
| [Needham Bank](https://lender.report/lender/needham-bank-ma/) [SBA 504 record](https://lender.report/lender/needham-bank-ma/sba-504/) | Bank | Needham, MA | 1 | $600K |
| [KeyBank National Association](https://lender.report/lender/keybank-oh/) [SBA 504 record](https://lender.report/lender/keybank-oh/sba-504/) | Bank | Cleveland, OH | 1 | $320K |

SBA FOIA, Sep 30, 2026

[See all 28 SBA 504 lenders in Maine in Loan Comps](https://lender.report/comps/?lane=sba_504&state=ME)

Dollars are first-lien amounts on SBA 504 approvals.

- Lenders recorded 140 SBA 504 first liens totaling $154M in Maine in the 36 months ending September 30, 2026. SBA FOIA, Sep 30, 2026
- Banks and savings institutions made 130 of those, credit unions 10, and non-banks 0. SBA FOIA, Sep 30, 2026
- The five most active lenders made 55.0% of Maine's SBA 504 first liens. SBA FOIA, Sep 30, 2026
- Skowhegan Savings Bank recorded the most dollars in Maine, at $22M. SBA FOIA, Sep 30, 2026
- 17 of these lenders are based in Maine. SBA FOIA, Sep 30, 2026
- 5 lenders recorded 10 or more SBA 504 first liens in Maine. SBA FOIA, Sep 30, 2026
- The SBA file shows 46 SBA 504 approvals in Maine dated in the 12 months to September 30, 2026, versus 51 in the prior 12 months. Both counts leave out cancelled approvals and include approvals not yet funded, so the two periods are measured the same way. SBA FOIA, Sep 30, 2026
- The typical SBA 504 first lien in Maine was about $630K, with the middle half between $320K and $1M. SBA FOIA, Sep 30, 2026
- The median term in Maine was 25 years. SBA FOIA, Sep 30, 2026

## How this list is defined

**Measure**
SBA 504 first liens in Maine

**Period**
October 2023 to September 2026

**Formula**
Count, by lender, of SBA 504 projects located in Maine with an approval date in the 36 months ending September 30, 2026, not cancelled, that name the lender as first-lien lender.

**Order**
Largest first by first liens in the 36 months, then dollars, then name. Payment is not part of the order.

**As of**
September 30, 2026

**Source**
[SBA FOIA](https://data.sba.gov/dataset/7a-504-foia)

**Data**
[JSON version of this list](https://lender.report/rankings/sba-504-lenders-by-state.json)

**Changelog**
November 12, 2026: First published, with the data built on this date.

Is your institution on this list? [Show your rank](https://lender.report/for-lenders/badge/). It carries the date and links back to this page.

An SBA 504 project pairs a first-lien lender with a Certified Development Company that funds a second lien, for owner-occupied real estate and equipment.

SBA 504 figures count the first-lien lender on each SBA approval. A project marked not funded is often recent and awaiting funding.

Each lender is counted only where the public file places the loan. Lenders that merged or stopped filing are left out.

SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. [Report a problem](https://lender.report/report/)

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.
