Small Business Owner Resource
The past, present, and future of SBA 7(a) lending for Maine.
In 2022 there were 41 SBA lenders that approved 256 SBA 7(a) loans for projects in Maine totaling $59,739,800. The average loan amount was $233,359. Borrowers from 112 cities were approved for projects in Maine for 129 industries. The SBA loan approvals in 2022 represent 2,208 jobs supported or saved in Maine.
There were 11 franchise branded businesses receiving 16 loan approvals for $12,375,200 with an average loan amount of $773,450.
Our forecast model projects $71 million in total Maine SBA 7(a) loan approval amounts in 2023 with $6.7 million to franchise businesses.
Maine Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
Maine Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
This intel is provided by SBADNA, an SBAmatch sister company.
Our SBA Lending Experts can leverage this intel with long-standing banking relationships to help you find the right loan for FREE.
