STRONG
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
1,354
2010–2026
Total Volume
$232M
Gross loan amounts
States Active
6
With recorded loans
Programs
7(a) & 504
1354 total segments
Bangor Savings Bank has a strong focus on smaller loans, with 65% of their deals under $150K. This makes them a good option for startups and small businesses needing less capital.
With an average 7(a) spread of P+1.30%, Bangor Savings Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of the loan.
The bank's 12% share of 504 loans indicates a solid capability for real estate financing, which may appeal to businesses looking to purchase property or expand their facilities.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 165 504 loans, which use fixed SBA debenture rates.
States where Bangor Savings Bank has recorded SBA lending activity.
+ 1 more state
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Other Health Practitioners
Health Care & Social Assistance
Agriculture & Forestry
Agriculture & Forestry
Wholesale Trade
Wholesale Trade
+ 7 more
All recorded SBA lending activity for Bangor Savings Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Maine · Restaurants & Food Service · Under $150K | 7(a) | 134 | P+1.63% | $75K | Q2 2025 |
| Maine · Manufacturing · Under $150K | 7(a) | 73 | P+1.75% | $64K | Q4 2023 |
| Maine · Specialty Trade Contractors · Under $150K | 7(a) | 47 | P+1.75% | $63K | Q1 2025 |
| Maine · Restaurants & Food Service · $150K – $350K | 7(a) | 33 | P+1.13% | $237K | Q3 2025 |
| Maine · Administrative & Waste Services · Under $150K | 7(a) | 31 | P+2.00% | $57K | Q2 2025 |
| Maine · Other Health Practitioners · Under $150K | 7(a) | 31 | P+1.75% | $62K | Q3 2025 |
| Maine · Wholesale Trade · Under $150K | 7(a) | 27 | P+1.75% | $71K | Q1 2023 |
| Maine · Arts, Entertainment & Recreation · Under $150K | 7(a) | 27 | P+1.75% | $77K | Q4 2025 |
| Maine · Manufacturing · $150K – $350K | 7(a) | 25 | P+1.50% | $248K | Q4 2024 |
| Maine · Physician & Dental Offices · Under $150K | 7(a) | 25 | P+1.75% | $62K | Q3 2024 |
| Maine · Food & Beverage Stores · Under $150K | 7(a) | 21 | P+1.63% | $79K | Q3 2024 |
| Maine · Transportation & Warehousing · Under $150K | 7(a) | 20 | P+1.81% | $45K | Q1 2025 |
| Maine · Building Construction · Under $150K | 7(a) | 20 | P+2.00% | $58K | Q1 2025 |
| Maine · Retail Trade · Under $150K | 7(a) | 18 | P+1.75% | $52K | Q1 2021 |
| New Hampshire · Specialty Trade Contractors · Under $150K | 7(a) | 18 | P+1.50% | $61K | Q4 2023 |
| Maine · Education · Under $150K | 7(a) | 18 | P+1.75% | $55K | Q2 2024 |
| Maine · General Merchandise · Under $150K | 7(a) | 18 | P+2.00% | $37K | Q1 2020 |
| Maine · Agriculture & Forestry · Under $150K | 7(a) | 18 | P+1.63% | $67K | Q1 2025 |
| New Hampshire · Manufacturing · Under $150K | 7(a) | 17 | P+1.00% | $63K | Q4 2024 |
| New Hampshire · Administrative & Waste Services · Under $150K | 7(a) | 16 | P+1.25% | $70K | Q2 2025 |
| Maine · Miscellaneous Retail · Under $150K | 7(a) | 16 | P+2.00% | $65K | Q4 2024 |
| Maine · Engineering & Architecture · Under $150K | 7(a) | 15 | P+1.75% | $61K | Q4 2022 |
| Maine · Management & IT Consulting · Under $150K | 7(a) | 14 | P+1.75% | $47K | Q4 2023 |
| Maine · Personal Care (Salons, Spas) · Under $150K | 7(a) | 14 | P+1.38% | $55K | Q2 2022 |
| New Hampshire · Restaurants & Food Service · $150K – $350K | 7(a) | 13 | P+0.54% | $269K | Q2 2024 |
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