Katahdin Trust Co.
ME
SBA-approved lender offering 9 loan programs across 3 industries.
Key Metrics
Interest Rate
7.74%
0.99% over prime
Average Loan
$149K
Per approval
Total Approvals
11
FY 2025
Loan Programs (9)
Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
Preferred Lenders Program
SBA Express Program
Change of Ownership
Loan Funds will Open Business
7a General
Asset Base Working Capital Line (CAPLine)
Industries Served (3)
General Freight Trucking, LocalLoggingOther Miscellaneous Durable Goods Merchant Wholesalers
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 0.99%
- Effective Rate
- 7.74%
- Fiscal Year
- 2025
- States Served
- ME
- Website
- www.katahdintrust.com
Ready to apply with Katahdin Trust Co.?
Let Cassian help you prepare your application and connect you with the right loan officer.