SHANE PIERSON · SBA DATA
SBA Lending by State · Maine

SBA Lending in Maine

Maine is a mid-sized SBA market concentrated in food and lodging, growing -14%.

11,975
Total SBA loans
$2.5B
Approved dollars
7.0
Loans per 1,000 businesses / yr
-14%
Growth, 2010s to 2020s
5.8%
Active-status distress
#42
Rank, national volume
#13
Rank, loans per business

Every SBA 7(a) and 504 approval recorded for Maine since 1991 sits in the public federal file. Maine accounts for 11,975 of them, worth $2.5B, split 10,415 under 7(a) and 1,560 under 504. Roughly 14% of 7(a) approvals went to startups and new businesses.

Top industries funded in Maine

  • Retail1,686 loans · $266M
  • Other1,369 loans · $218M
  • Food & Lodging1,207 loans · $260M
  • Construction1,120 loans · $141M
  • Manufacturing853 loans · $176M
  • Personal Services674 loans · $104M

Program mix

10,415
7(a) loans
1,560
504 loans
14%
To startups & new businesses
86%
To existing businesses

SBA lending by city in Maine

See Maine on the interactive map

Drill Maine to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.

Explore Maine on the map ↗

Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, active-status distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026. Methodology.

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