Maine SBA 7(a) Lender Rankings for FY 2023

RANKLender# Loans$ AmountAverage Loan Size
1Bangor Savings Bank (ME)58$10,524,400$181,455
2Maine Community Bank (ME)25$9,928,600$397,144
3Live Oak Banking Company (NC)3$6,650,000$2,216,667
4TD Bank, National Association (DE)79$6,543,700$82,832
5Customers Bank (PA)4$4,858,000$1,214,500
6Androscoggin Savings Bank (ME)19$4,761,500$250,605
7Katahdin Trust Co. (ME)13$4,169,900$320,762
8Gorham Savings Bank (ME)28$3,990,000$142,500
9Machias Savings Bank (ME)6$2,760,000$460,000
10KeyBank National Association (OH)19$1,773,600$93,347
11Kennebunk Savings Bank (ME)8$1,759,900$219,988
12BayFirst National Bank (FL)10$1,629,800$162,980
13Readycap Lending, LLC (NJ)3$1,422,800$474,267
14Norway Savings Bank (ME)9$1,383,300$153,700
15Ameris Bank (GA)1$1,318,000$1,318,000
16Newtek Bank, National Association (FL)4$1,310,000$327,500
17Fund-Ex Solutions Group, LLC (FL)1$1,175,000$1,175,000
18First National Bank of Pennsylvania (NC)1$864,000$864,000
19Bank of America, National Association (SC)2$807,800$403,900
20Franklin Savings Bank (ME)7$765,000$109,286
21Manufacturers and Traders Trust Company (NY)14$690,400$49,314
22Bath Savings Institution (ME)4$587,500$146,875
23Cadence Bank (MS)2$485,000$242,500
24First-Citizens Bank & Trust Company (NC)1$465,000$465,000
25Camden National Bank (ME)2$453,700$226,850
26Atlantic Regional FCU (ME)2$376,000$188,000
27Northeast Bank (ME)3$367,000$122,333
28Webster Bank National Association (CT)2$300,000$150,000
29Five Star Bank (CA)1$300,000$300,000
30Bar Harbor Bank & Trust (ME)4$284,200$71,050
31Leader Bank, National Association (MA)1$250,000$250,000
32Seaboard FCU (ME)2$244,000$122,000
33United Midwest Savings Bank, National Association (OH)1$150,000$150,000
34Eastern Maine Development Corporation (ME)1$150,000$150,000
35Celtic Bank Corporation (UT)1$140,000$140,000
36Newtek Small Business Finance, Inc. (NY)2$125,000$62,500
37Northway Bank (NH)1$25,000$25,000
38Service FCU (NH)1$15,000$15,000

Source: Lumos Data