Androscoggin Savings Bank
ME
SBA-approved lender offering 6 loan programs across 4 industries.
Key Metrics
Interest Rate
7.08%
0.33% over prime
Average Loan
$233K
Per approval
Total Approvals
22
FY 2025
Loan Programs (6)
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Change of Ownership
Industries Served (4)
Computer Systems Design ServicesDrinking Places (Alcoholic Beverages)General Freight Trucking, LocalLimited-Service Restaurants
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 0.33%
- Effective Rate
- 7.08%
- Fiscal Year
- 2025
- States Served
- ME
- Website
- www.androscogginbank.com
Ready to apply with Androscoggin Savings Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.