Lending data
Who actually lends to real estate and rental businesses in Maine?
29 SBA 7(a) loans went to real estate and rental businesses in Maine recently, at a median of $150,000. Here are the lenders that made them, ranked.
29 SBA 7(a) loans went to real estate and rental businesses in Maine in the most recent fiscal years. The median was $150,000 over 10 years. The most active lender was TD Bank, with 6 loans.
What lending to real estate and rental businesses in Maine actually looks like
Every figure on this page is computed from SBA 7(a) loan-level FOIA data released 2026-06-30. It reflects loans that were actually approved, not rate cards or advertised ranges.
| Measure | Real estate and rental, Maine | All 7(a) borrowers |
|---|---|---|
| Loans approved | 29 | 214,102 |
| Median loan | $150,000 | $150,000 |
| 25th - 75th percentile | $42,300 - $350,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 9.50% | 10.25% |
| Share to startups | 20.7% | 33.6% |
| Charge-off rate, FY2010-19 cohort | 5.5% | 7.1% |
Which lenders actually funded them
Ranked by loans approved to real estate and rental businesses in Maine. This is the list worth working from, because a lender that has funded dozens of businesses like yours in your state has seen your file before.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| TD Bank | 6 | $27,500 | 50% | 11.50% |
| Maine Community Bank | 4 | $364,750 | 25% | 8.00% |
| Bangor Savings Bank | 3 | $364,000 | 0% | 9.50% |
| Atlantic Regional Federal Credit Union | 2 | $47,500 | 0% | 8.25% |
| Machias Savings Bank | 2 | $167,500 | 0% | 4.38% |
What stands out in this market
Reading the figures above against the national picture:
- Loan sizes are typical. The median of $150,000 is within a few percent of the $150,000 national median across all 7(a) borrowers, so nothing about this market is unusual on size.
- This is a hard market for new businesses. Only 21% of these loans went to startups, against 34% nationally. If you are pre-revenue, work from the startup table below rather than the main list.
- No single lender dominates, but the top three made 45% of these loans, so the shortlist below covers most of the active market.
- Rates run lower here. The median initial rate of 9.50% is 0.75 points below the 10.25% national median, which usually tracks loan size and perceived sector risk rather than geography.
Which of them lend to new businesses
Of those loans, 20.7% went to businesses the SBA classes as startups — new, under two years old, or opening with the proceeds. These are the lenders in this market that actually wrote them.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| TD Bank | 3 | $27,500 | 50% | 11.50% |
How to use this
- Shortlist three lenders from the table whose median loan is close to what you need.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year. See choosing an SBA lender.
- Check your coverage first with the affordability calculator so you ask for a number the cash flow supports.
- Assemble the package before you call. The document checklist is the single biggest thing you control.
Compare other markets
- Other sectors in Maine: restaurants and hotels, construction, personal services, retail, healthcare, admin services
- Real Estate in comparable states: Kentucky, Louisiana, Kansas, Iowa, Oklahoma, New Mexico