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Bangor Savings Bank
BANGOR, ME · Active Lender · National rank #123
Bangor Savings Bank approved 69 SBA 7(a) loans in FY2025, ranking #123 nationally, with lending concentrated mainly in Maine, New Hampshire, and Massachusetts.
Bangor Savings Bank, headquartered in Bangor, ME, is an active participant in the SBA 7(a) loan program. According to FY2025 SBA 7(a) lender activity data, the bank approved 69 SBA 7(a) loans during the fiscal year, totaling $14,391,700 in approved loan dollars. The SBA guaranteed $9,787,060 of that total across the loans issued. The average loan size among these approved loans was $208,575.
Based on FY2025 SBA activity data, Bangor Savings Bank ranks #123 nationally among SBA 7(a) lenders by loan volume. Its lending activity is concentrated primarily in the state of Maine, where it approved 50 loans, followed by New Hampshire with 17 loans and Massachusetts with 2 loans. This distribution indicates that the bank's SBA lending footprint is regional rather than national in scope, serving a total of three states: ME, NH, and MA.
This profile reflects only the figures reported in FY2025 SBA 7(a) lender activity data. It does not include information on interest rates, loan terms, approval likelihood, or contact details, as such information is not part of the underlying dataset. Borrowers seeking additional details about Bangor Savings Bank's SBA lending programs should contact the institution directly.
Where Bangor Savings Bank lends
| State | Loans | Dollars |
|---|---|---|
| Maine | 50 | $10,997,900 |
| New Hampshire | 17 | $2,731,800 |
| Massachusetts | 2 | $662,000 |
Questions people ask
Is Bangor Savings Bank an SBA lender?
Yes, according to FY2025 SBA 7(a) lender activity data, Bangor Savings Bank approved SBA 7(a) loans during the fiscal year.
How many SBA 7(a) loans did Bangor Savings Bank approve in FY2025?
The bank approved 69 SBA 7(a) loans in FY2025.
What was the total dollar amount of loans approved?
Approved loans totaled $14,391,700 in FY2025.
What is Bangor Savings Bank's average SBA loan size?
The average loan size was $208,575.
How much of the loan amount was SBA-guaranteed?
The SBA guaranteed $9,787,060 of the total approved loan dollars.
Where is Bangor Savings Bank headquartered?
It is headquartered in Bangor, ME.
Where is Bangor Savings Bank most active for SBA lending?
It is most active in Maine (50 loans), followed by New Hampshire (17 loans) and Massachusetts (2 loans).
Is Bangor Savings Bank a national or regional SBA lender?
Based on its lending concentration in ME, NH, and MA, it operates as a regional SBA lender.
How does Bangor Savings Bank rank by SBA loan volume?
It ranks #123 nationally among SBA 7(a) lenders in FY2025.
Which states does Bangor Savings Bank serve for SBA loans?
It serves Maine, New Hampshire, and Massachusetts.
Source: SBA 7(a) Lender Activity Report, FY2025 (data.sba.gov). GetFundedUSA is independent and not affiliated with Bangor Savings Bank; loan terms, rates and eligibility are set by the lender and the SBA, not GetFundedUSA.