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Northeast Bank
Lewiston, ME · Top National Lender · National rank #1
Yes, Northeast Bank is a major SBA lender — it approved 7,800 SBA 7(a) loans in FY2025, ranking #1 nationally by loan volume, with an average loan size of $167,556.
Northeast Bank, headquartered in Lewiston, Maine, is an SBA 7(a) lender ranked #1 nationally by loan volume based on FY2025 SBA 7(a) lender activity data. During this period, the bank approved 7,800 SBA 7(a) loans totaling $1,306,940,700 in approved dollars, with $1,036,233,295 backed by SBA guaranty. The average loan size across these approved loans was $167,556.
Although based in Maine, Northeast Bank's SBA 7(a) lending activity in FY2025 was concentrated in other states, with California (1,267 loans), Florida (709 loans), and Texas (682 loans) representing its top three markets by loan count. Beyond these top states, the bank's FY2025 SBA activity data shows approved loans across more than 50 states and territories, including New York, Illinois, Georgia, New Jersey, Pennsylvania, and many others, indicating a lending footprint that extends well beyond its home region.
This combination of a small home-state presence alongside high loan counts in geographically distant states, along with the #1 national ranking by volume, indicates that Northeast Bank operates as a nationally active SBA 7(a) lender rather than one limited to regional or local lending. All figures cited here reflect FY2025 SBA 7(a) lender activity data and do not represent interest rates, loan terms, or likelihood of approval.
Where Northeast Bank lends
| State | Loans | Dollars |
|---|---|---|
| California | 1,267 | $229,784,100 |
| Florida | 709 | $120,809,500 |
| Texas | 682 | $111,292,400 |
| New York | 563 | $105,961,300 |
| Illinois | 324 | $54,963,700 |
| New Jersey | 312 | $52,194,500 |
| Georgia | 320 | $50,461,700 |
| Pennsylvania | 253 | $43,245,200 |
| North Carolina | 242 | $39,611,500 |
| Colorado | 204 | $33,990,500 |
| Virginia | 188 | $29,937,400 |
| Washington | 180 | $28,439,100 |
| Maryland | 160 | $28,108,300 |
| Arizona | 151 | $24,753,700 |
| Ohio | 158 | $24,054,500 |
Questions people ask
Is Northeast Bank an SBA lender?
Yes, Northeast Bank is an SBA 7(a) lender according to FY2025 SBA lender activity data.
How many SBA 7(a) loans did Northeast Bank approve in FY2025?
Northeast Bank approved 7,800 SBA 7(a) loans in FY2025.
What was the total dollar amount of loans approved?
The total approved amount was $1,306,940,700, with $1,036,233,295 covered by SBA guaranty.
What is Northeast Bank's average SBA loan size?
The average loan size was $167,556 in FY2025.
Where is Northeast Bank headquartered?
Northeast Bank is headquartered in Lewiston, Maine.
Where is Northeast Bank most active with SBA lending?
Its top states by loan count in FY2025 were California (1,267 loans), Florida (709 loans), and Texas (682 loans).
Is Northeast Bank a national or regional SBA lender?
Based on its activity across more than 50 states and territories in FY2025, Northeast Bank functions as a national SBA lender rather than a regional one.
How does Northeast Bank rank by SBA loan volume?
Northeast Bank ranked #1 nationally by SBA 7(a) loan volume in FY2025.
Does Northeast Bank lend SBA loans in its home state of Maine?
The data lists Maine among the states served, though Maine is not among its top three states by loan count.
What SBA guaranty amount backed Northeast Bank's FY2025 loans?
SBA guaranty dollars totaled $1,036,233,295 for its approved loans in FY2025.
Source: SBA 7(a) Lender Activity Report, FY2025 (data.sba.gov). GetFundedUSA is independent and not affiliated with Northeast Bank; loan terms, rates and eligibility are set by the lender and the SBA, not GetFundedUSA.