Maine Community Bank
ME
SBA-approved lender offering 7 loan programs across 10 industries.
Key Metrics
Interest Rate
7.19%
0.44% over prime
Average Loan
$320K
Per approval
Total Approvals
40
FY 2025
Loan Programs (7)
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
7a General
Industries Served (10)
Child Day Care ServicesCommercial and Industrial Machinery and Equipment (except Automotive aFitness and Recreational Sports CentersLandscaping ServicesOffices of DentistsOffices of Mental Health Practitioners (except Physicians)Other Personal and Household Goods Repair and MaintenanceOther Scientific and Technical Consulting ServicesShellfish FishingSnack and Nonalcoholic Beverage Bars
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 0.44%
- Effective Rate
- 7.19%
- Fiscal Year
- 2025
- States Served
- ME
- Website
- maine.bank
Ready to apply with Maine Community Bank?
Let Cassian help you prepare your application and connect you with the right loan officer.