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SBA lenders in Portland, ME

SBA 7(a) and 504 loans to businesses in Portland (Cumberland County), October 2021 to June 30, 2026 · Updated October 16, 2026
190
SBA loans approved
$69.7M
Total approved
$161,500
Median loan
26
Lenders active
46%
To startups

190 SBA loans worth $69.7M went to businesses in Portland, ME between October 2021 and June 2026, from 26 lenders. Maine Community Bank made the most, 43 loans. The median loan was $161,500, compared with $135,000 across Maine, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Portland

#LenderLoansApprovedMedian loanTo startups
1Maine Community Bank
Bank · Portland, ME
43$9.9M$139,40056%
2Bangor Savings Bank
Bank · Bangor, ME
43$8.5M$135,00063%
3Granite State Economic Development
Certified development company · Portsmouth, NH
26$25.3M$680,00023%
4Norway Savings Bank
Bank · Norway, ME
17$5.9M$114,50047%
5TD Bank
Bank · Wilmington, DE
15$1.0M$30,00020%
6Androscoggin Savings Bank
Bank · Lewiston, ME
7$1.8M$150,00029%
7Manufacturers and Traders Trust
Bank · Buffalo, NY
5$2.2M$100,00040%
8Northeast Bank
Bank · Portland, ME
5$823K$73,3000%
9Katahdin Trust
Bank · Patten, ME
4$2.2M$592,750100%
10Huntington National Bank
Bank · Columbus, OH
3$460K$150,00067%
11Machias Savings Bank
Bank · Machias, ME
3$150K$60,00067%
12Bank of America
Bank · Charlotte, NC
2$3.3M$1,650,0000%
13KeyBank
Bank · Cleveland, OH
2$692K$346,250100%
14Bath Savings Institution
Bank · Bath, ME
2$417K$208,50050%
15Newtek Small Business Finance
Non-bank lender · Lake Success, NY
2$123K$61,5000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Portland. For 504 loans the lender shown is the certified development company.

What gets financed in Portland

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels65
34%
$223,000Bangor Savings Bank
Other services (repair, personal care)19
10%
$139,400Maine Community Bank
Retail18
9%
$197,750Maine Community Bank
Construction17
9%
$150,000Maine Community Bank
Professional and technical services15
8%
$100,000Bangor Savings Bank
Health care and social assistance12
6%
$55,000TD Bank
Administrative and support services9
5%
$300,000Bangor Savings Bank
Manufacturing9
5%
$123,600Maine Community Bank
Loan size mix
  • Under $150,00044%
  • $150,000 to $500,00034%
  • $500,000 to $2 million21%
  • $2 million and up2%
Compared with Maine
Median loan, Portland
$161,500
Median loan, Maine
$135,000
Startup share, Portland
46%
Startup share, Maine
40%
Share of state's SBA loans
10.2%

SBA loans per fiscal year in Portland

0204060FY14: 38 loansFY14FY15: 39 loansFY15FY16: 50 loansFY1650FY17: 42 loansFY17FY18: 33 loansFY18FY19: 31 loansFY19FY20: 29 loansFY20FY21: 30 loansFY21FY22: 47 loansFY22FY23: 45 loansFY23FY24: 44 loansFY24FY25: 40 loansFY25FY26 (Oct to Jun): 14 loansFY2614
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.