52 SBA loans worth $22.0M went to businesses in South Portland, ME between October 2021 and June 2026, from 17 lenders. Granite State Economic Development made the most, 9 loans. The median loan was $164,600, compared with $135,000 across Maine, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Granite State Economic Development Certified development company · Portsmouth, NH | 9 | $11.5M | $361,000 | 11% |
| 2 | Maine Community Bank Bank · Portland, ME | 8 | $1.2M | $57,700 | 38% |
| 3 | Bangor Savings Bank Bank · Bangor, ME | 7 | $1.5M | $173,200 | 43% |
| 4 | TD Bank Bank · Wilmington, DE | 6 | $200K | $25,000 | 50% |
| 5 | Norway Savings Bank Bank · Norway, ME | 5 | $850K | $105,000 | 80% |
| 6 | Manufacturers and Traders Trust Bank · Buffalo, NY | 3 | $235K | $25,000 | 100% |
| 7 | Pathward Bank · Sioux Falls, SD | 2 | $2.3M | $1,172,300 | 0% |
| 8 | 22nd State Bank, A Division of 22nd State Banking Bank · Mobile, AL | 2 | $2.3M | $1,165,500 | 0% |
| 9 | KeyBank Bank · Cleveland, OH | 2 | $475K | $237,500 | 100% |
| 10 | Saco and Biddeford Savings Institution Bank · Saco, ME | 1 | $301K | $300,800 | 100% |
| 11 | Camden National Bank Bank · Camden, ME | 1 | $300K | $300,000 | 0% |
| 12 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $281K | $280,800 | 100% |
| 13 | Bar Harbor Bank & Trust Bank · Bar Harbor, ME | 1 | $203K | $203,000 | 100% |
| 14 | Androscoggin Savings Bank Bank · Lewiston, ME | 1 | $125K | $125,000 | 100% |
| 15 | Machias Savings Bank Bank · Machias, ME | 1 | $68K | $68,500 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 12 | $155,000 | Manufacturers and Traders Trust | |
| Other services (repair, personal care) | 8 | $37,400 | Maine Community Bank | |
| Administrative and support services | 5 | $60,000 | Bangor Savings Bank | |
| Manufacturing | 5 | $70,000 | TD Bank | |
| Arts, entertainment and recreation | 4 | $277,900 | Norway Savings Bank | |
| Health care and social assistance | 4 | $349,350 | Granite State Economic Development | |
| Transportation and warehousing | 3 | $156,000 | Bangor Savings Bank | |
| Professional and technical services | 3 | $150,000 | 22nd State Bank, A Division of 22nd State Banking |