States Served
Top Industries Financed
- Full-Service Restaurants
- Limited-Service Restaurants
- Mobile Food Services
- Commercial and Industrial Machinery and Equipment (except Automotive a
- Snack and Nonalcoholic Beverage Bars
Quick Summary
Maine Community Bank is an SBA-approved lender headquartered in Portland, Maine. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 229 SBA 7(a) loans totaling $61.0M, with an average loan size of $266K. They serve businesses across 2 states.
About Maine Community Bank
Maine Community Bank is an SBA-approved lender headquartered in Portland, Maine. Since 2020, they have approved 229 SBA 7(a) loans totaling $61.0M, with an average loan size of $266K. 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 2 states.
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Frequently Asked Questions
Is Maine Community Bank an SBA Preferred Lender?
Yes, Maine Community Bank 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 Maine Community Bank approved?
According to SBA FOIA public records, Maine Community Bank has approved 229 SBA 7(a) loans totaling $61.0M since 2020. Their average loan size is $266K.
What states does Maine Community Bank serve?
Maine Community Bank serves businesses in 2 states: Maine, New Hampshire.
How do I apply for an SBA loan with Maine Community Bank?
To apply for an SBA 7(a) loan with Maine Community Bank, 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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