SHANE PIERSON · SBA DATA
SBA Lenders · Bangor Savings Bank

SBA Lending by Bangor Savings Bank

Bangor Savings Bank is an active SBA 7(a) lender, ranked #119 nationally by all-time volume, with 1,600 approved 7(a) loans worth $232M on record.

1,600
7(a) loans made
$232M
Approved dollars
$145,180
Average loan size
#119
Rank, all-time volume
#113
Rank, volume since 2020
0.1%
Share of U.S. 7(a) since 2020
-36%
Annualized vs prior decade
4.1%
Active-loan distress
29%
Made under PLP authority

Between 1991 and mid-2026, Bangor Savings Bank approved 1,600 SBA 7(a) loans worth $232M across the country, at an average of $145,180 per loan. That places it #119 among all U.S. SBA 7(a) lenders. About 29% were written under Preferred Lender (PLP) authority, and 4.1% of its book is currently delinquent, past due, or in liquidation.

Where Bangor Savings Bank lends most

What Bangor Savings Bank funds most

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7(a) loans only, approved and not cancelled, gross basis. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026. No borrower identity appears here.