STRONG
How competitive are their spreads? Lower = better for you.
GOOD
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
239
2010–2025
Total Volume
$88M
Gross loan amounts
States Active
3
With recorded loans
Programs
7(a) & 504
239 total segments
Norway Savings Bank has a strong focus on 504 loans, making up 26% of their total SBA deals. This is higher than the national average of 18%, indicating they are well-suited for borrowers needing real estate financing.
With an average 7(a) spread of P+1.14%, Norway Savings Bank offers competitive pricing compared to the national median of ~P+2.75%. This could lead to significant savings on interest for borrowers.
The lender's deal size breakdown shows a majority of their deals (124) are under $150K. If you're seeking a larger loan, particularly above $500K, you may find fewer options here, as only 34 deals exceed that amount.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 63 504 loans, which use fixed SBA debenture rates.
States where Norway Savings Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Other Professional Services
Professional Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Real Estate
Real Estate
Retail Trade
Retail Trade
Hotels & Accommodation
Accommodation & Food Services
Other Repair & Services
Other Services
+ 7 more
All recorded SBA lending activity for Norway 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) | 29 | P+1.00% | $71K | Q2 2025 |
| Maine · Manufacturing · Under $150K | 7(a) | 10 | P+1.50% | $63K | Q2 2024 |
| Maine · Arts, Entertainment & Recreation · Under $150K | 7(a) | 9 | P+1.25% | $54K | Q3 2024 |
| Maine · Other Professional Services · Under $150K | 7(a) | 8 | P+1.00% | $58K | Q3 2024 |
| Maine · Restaurants & Food Service · $150K – $350K | 504 | 5 | — | $228K | Q2 2023 |
| Maine · Transportation & Warehousing · Under $150K | 7(a) | 5 | P+1.25% | $34K | Q2 2020 |
| Maine · Manufacturing · $150K – $350K | 7(a) | 5 | P+1.50% | $232K | Q3 2021 |
| Maine · Retail Trade · Under $150K | 7(a) | 5 | P+1.50% | $77K | Q2 2021 |
| Maine · Building Construction · Under $150K | 7(a) | 5 | P+1.00% | $88K | Q1 2024 |
| Maine · Other Health Practitioners · Under $150K | 7(a) | 5 | P+0.75% | $82K | Q4 2024 |
| Maine · Real Estate · $150K – $350K | 504 | 4 | — | $287K | Q3 2020 |
| Maine · Manufacturing · $150K – $350K | 504 | 4 | — | $248K | Q3 2021 |
| Maine · Other Repair & Services · Under $150K | 7(a) | 4 | P+1.25% | $32K | Q1 2021 |
| Maine · Management & IT Consulting · Under $150K | 7(a) | 4 | P+1.38% | $60K | Q3 2013 |
| Maine · Food & Beverage Stores · Under $150K | 7(a) | 4 | P+1.25% | $71K | Q4 2024 |
| Maine · Engineering & Architecture · Under $150K | 7(a) | 4 | P+1.00% | $88K | Q1 2024 |
| Maine · Hotels & Accommodation · $500K – $1M | 504 | 3 | — | $660K | Q2 2023 |
| Maine · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 3 | P+-0.50% | $277K | Q4 2024 |
| Maine · Restaurants & Food Service · $150K – $350K | 7(a) | 3 | P+1.25% | $254K | Q4 2023 |
| Maine · Miscellaneous Retail · $350K – $500K | 7(a) | 3 | P+0.25% | $397K | Q4 2022 |
| Maine · Personal Care (Salons, Spas) · Under $150K | 7(a) | 3 | P+0.00% | $65K | Q1 2025 |
| Maine · Wholesale Trade · Under $150K | 7(a) | 3 | P+3.25% | $60K | Q2 2014 |
| Maine · Other Repair & Services · $150K – $350K | 504 | 3 | — | $222K | Q4 2023 |
| Maine · Information & Media · Under $150K | 7(a) | 3 | P+2.00% | $28K | Q2 2016 |
| Maine · Real Estate · $150K – $350K | 7(a) | 3 | P+1.00% | $262K | Q1 2017 |
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