SBA 7(a) lenders in Waldo, ME
Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.
Lenders
22 institutions have SBA 7(a) loans on record in Waldo, together $30.6M across 144 loans. Camden National Bank is the largest, with 23% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Camden National Bank | 30 | $7.1M | 23.2% | 1.18% |
| 2 | Bar Harbor Bank & Trust | 8 | $5.6M | 18.3% | 0.00% |
| 3 | Bangor Savings Bank | 40 | $5.5M | 18.1% | 0.00% |
| 4 | United Community Bank | 2 | $2.6M | 8.5% | 0.00% |
| 5 | Machias Savings Bank | 10 | $2.3M | 7.4% | 0.00% |
| 6 | Colony Bank | 1 | $1.5M | 5.0% | 0.00% |
| 7 | KeyBank National Association | 10 | $1.5M | 4.8% | 0.62% |
| 8 | Banc of California | 1 | $680K | 2.2% | 52.45% |
| 9 | Androscoggin Savings Bank | 1 | $665K | 2.2% | 0.00% |
| 10 | Seaboard FCU | 7 | $540K | 1.8% | 0.00% |
| 11 | Manufacturers and Traders Trust Company | 7 | $513K | 1.7% | 8.66% |
| 12 | Live Oak Banking Company | 2 | $502K | 1.6% | 0.00% |
| 13 | TD Bank, National Association | 12 | $444K | 1.5% | 9.94% |
| 14 | Northeast Bank | 1 | $350K | 1.1% | 0.00% |
| 15 | NBT Bank, National Association | 1 | $322K | 1.1% | 0.00% |
| 16 | Eastern Maine Development Corporation | 1 | $134K | 0.4% | 0.00% |
| 17 | Katahdin Trust Company | 3 | $126K | 0.4% | 0.00% |
| 18 | Celtic Bank Corporation | 1 | $100K | 0.3% | 0.00% |
| 19 | Readycap Lending, LLC | 2 | $75K | 0.2% | 0.00% |
| 20 | Empeople Credit Union | 1 | $35K | 0.1% | 0.00% |
| 21 | VelocitySBA, LLC | 2 | $20K | 0.1% | 0.00% |
| 22 | University Credit Union | 1 | $20K | 0.1% | 0.00% |
Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Manufacturing | 7 | $5.4M | 17.7% |
| 2 | Other services | 11 | $4.3M | 14.0% |
| 3 | Educational services | 1 | $3.5M | 11.3% |
| 4 | Retail trade | 13 | $2.6M | 8.4% |
| 5 | Professional & technical services | 14 | $2.5M | 8.3% |
| 6 | Retail trade | 9 | $2.3M | 7.6% |
| 7 | Health care & social assistance | 13 | $1.9M | 6.2% |
| 8 | Accommodation & food services | 11 | $1.8M | 5.8% |
| 9 | Real estate & leasing | 5 | $1.4M | 4.6% |
| 10 | Manufacturing | 9 | $1.4M | 4.5% |
| 11 | Administrative & waste services | 9 | $1.0M | 3.4% |
| 12 | Construction | 17 | $814K | 2.7% |
| 13 | Manufacturing | 7 | $760K | 2.5% |
| 14 | Wholesale trade | 6 | $606K | 2.0% |
| 15 | Agriculture, forestry & fishing | 4 | $172K | 0.6% |
| 16 | Transportation & warehousing | 6 | $166K | 0.5% |
| 17 | Arts, entertainment & recreation | 2 | $25K | 0.1% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.