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Home Maine Bar Harbor Bank & Trust

Bar Harbor Bank & Trust

BAR HARBOR, ME 4609

⭐ SBA Preferred Lender
180
Loans Approved
$25.4M
Total Volume
$141K
Avg Loan Size
4
States Served

States Served

Top Industries Financed

  • General Freight Trucking, Local
  • Landscaping Services
  • New Single-Family Housing Construction (except Operative Builders)
  • General Automotive Repair
  • Full-Service Restaurants

Quick Summary

Bar Harbor Bank & Trust is an SBA-approved lender headquartered in BAR HARBOR, Maine. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 180 SBA 7(a) loans totaling $25.4M, with an average loan size of $141K. They serve businesses across 4 states.

About Bar Harbor Bank & Trust

Bar Harbor Bank & Trust is an SBA-approved lender headquartered in BAR HARBOR, Maine. Since 2020, they have approved 180 SBA 7(a) loans totaling $25.4M, with an average loan size of $141K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 4 states.

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Frequently Asked Questions

Is Bar Harbor Bank & Trust an SBA Preferred Lender?

Yes, Bar Harbor Bank & Trust is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has Bar Harbor Bank & Trust approved?

According to SBA FOIA public records, Bar Harbor Bank & Trust has approved 180 SBA 7(a) loans totaling $25.4M since 2020. Their average loan size is $141K.

What states does Bar Harbor Bank & Trust serve?

Bar Harbor Bank & Trust serves businesses in 4 states: Alaska, Maine, New Hampshire, Vermont.

How do I apply for an SBA loan with Bar Harbor Bank & Trust?

To apply for an SBA 7(a) loan with Bar Harbor Bank & Trust, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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