States Served
Top Industries Financed
- Logging
- Specialized Freight (except Used Goods) Trucking, Local
- General Freight Trucking, Local
- Lessors of Nonresidential Buildings (except Miniwarehouses)
- Site Preparation Contractors
Quick Summary
Katahdin Trust Company is an SBA-approved lender headquartered in PATTEN, Maine. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 72 SBA 7(a) loans totaling $26.7M, with an average loan size of $371K. They primarily serve Maine businesses.
About Katahdin Trust Company
Katahdin Trust Company is an SBA-approved lender headquartered in PATTEN, Maine. Since 2020, they have approved 72 SBA 7(a) loans totaling $26.7M, with an average loan size of $371K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They primarily serve businesses in Maine.
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Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
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Frequently Asked Questions
Is Katahdin Trust Company an SBA Preferred Lender?
Yes, Katahdin Trust Company 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 Katahdin Trust Company approved?
According to SBA FOIA public records, Katahdin Trust Company has approved 72 SBA 7(a) loans totaling $26.7M since 2020. Their average loan size is $371K.
What states does Katahdin Trust Company serve?
Katahdin Trust Company primarily serves businesses in Maine.
How do I apply for an SBA loan with Katahdin Trust Company?
To apply for an SBA 7(a) loan with Katahdin Trust Company, 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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