SBA Loans for Electrical Contractors in Maine: Top Lenders
NAICS 238NAICS 238 covers flooring contractors businesses in Maine. Based on historical SBA 7(a) lending data.
Total Approvals
24
in Maine
Median Loan Size
$100,000
per approval
Recent Activity
1
last 90 days through Jun 2025
NAICS 238 covers flooring contractors businesses. This is a smaller category in SBA 7(a) lending with 24 approvals on record and a median loan size of $100,000.
Key trends & insights
- Electrical Contractors in Maine lending is concentrated — TD Bank, National Association, Bayfirst National Bank, Maine Community Bank together account for 67% of all approvals. If you're in this industry, these are your highest-probability lenders.
- TD Bank, National Association leads this industry with 10 approvals (42% market share) and a median loan of $50,500.
- Electrical Contractors in Maine loans skew smaller than the SBA average at $100,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Electrical Contractors in Maine
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 10 | $50,500 | |
| 2 | 3 | $325,000 | |
| 3 | 3 | $100,000 | |
| 4 | 2 | $215,000 | |
| 5 | 2 | $37,500 | |
| 6 | 1 | $2,520,000 | |
| 7 | 1 | $1,175,000 | |
| 8 | 1 | $45,000 | |
| 9 | 1 | $48,900 |
Recent SBA 7(a) approvals for Electrical Contractors in Maine
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Androscoggin Savings Bank | Bel*****LLC | PORTLAND, ME | $100,000 |
| 2025-11 | TD Bank, National Association | JM *****nc. | GORHAM, ME | $150,000 |
| 2025-07 | Byline Bank | L.W*****LLC | ELIOT, ME | $1,965,000 |
| 2025-07 | Pathward National Association | Don*****Inc | CAPE NEDDICK, ME | $3,450,000 |
| 2025-06 | TD Bank, National Association | Bro*****LLC | WEST PARIS, ME | $100,000 |
| 2025-06 | Atlantic Regional Federal Credit Union | BD *****LLC | SACO, ME | $15,000 |
| 2025-05 | Bangor Savings Bank | Sta*****ric | SOUTHWEST HARBOR, ME | $175,000 |
| 2025-05 | Bangor Savings Bank | Sta*****ric | SOUTHWEST HARBOR, ME | $950,000 |
| 2025-04 | TD Bank, National Association | Mow*****LLC | NORWAY, ME | $190,000 |
| 2025-03 | Bangor Savings Bank | MID*****LLC | WEST ROCKPORT, ME | $150,000 |
| 2025-03 | Bangor Savings Bank | MID*****LLC | WEST ROCKPORT, ME | $280,000 |
| 2025-03 | Atlantic Regional Federal Credit Union | Har*****LLC | YORK, ME | $25,000 |
| 2025-03 | TD Bank, National Association | WF *****LLC | BRIDGTON, ME | $49,000 |
| 2025-03 | TD Bank, National Association | WF *****LLC | BRIDGTON, ME | $51,000 |
| 2025-03 | TD Bank, National Association | Fos*****nc. | HARRISON, ME | $35,000 |
| 2025-03 | Bangor Savings Bank | Aca*****LLC | LEWISTON, ME | $53,800 |
| 2025-03 | Bangor Savings Bank | Aca*****LLC | LEWISTON, ME | $53,800 |
| 2025-03 | Bangor Savings Bank | ACA*****LLC | LEWISTON, ME | $202,000 |
| 2025-02 | Bangor Savings Bank | Oct*****nc. | WINDHAM, ME | $250,000 |
| 2025-02 | Bangor Savings Bank | Ele*****Inc | BANGOR, ME | $650,000 |
| 2025-01 | BayFirst National Bank | SUM*****LLC | LISBON, ME | $150,000 |
| 2025-01 | TD Bank, National Association | Liz*****ion | SIDNEY, ME | $45,000 |
| 2025-01 | TD Bank, National Association | Del*****nc. | OXFORD, ME | $25,000 |
| 2024-12 | TD Bank, National Association | LIZ*****ION | AUGUSTA, ME | $45,000 |
| 2024-11 | TD Bank, National Association | G.B*****LLC | NORTH BERWICK, ME | $25,000 |
| 2024-11 | Androscoggin Savings Bank | Fou*****LC. | POLAND, ME | $25,000 |
| 2024-10 | Atlantic Regional Federal Credit Union | Mai*****LLC | BOWDOIN, ME | $45,000 |
| 2024-10 | Bath Savings Institution | Lin*****ses | WOOLWICH, ME | $332,600 |
| 2024-09 | TD Bank, National Association | CLE*****LLC | OLD ORCHARD BEACH, ME | $20,000 |
| 2024-08 | TD Bank, National Association | S V*****Inc | BUXTON, ME | $50,000 |
| 2024-08 | Truliant FCU | Per*****nc. | YORK, ME | $2,520,000 |
| 2024-07 | TD Bank, National Association | The*****any | GORHAM, ME | $95,000 |
| 2024-07 | TD Bank, National Association | Nor*****LLC | GORHAM, ME | $30,000 |
| 2024-07 | TD Bank, National Association | Pre*****LLC | ROME, ME | $100,000 |
| 2024-06 | Bath Savings Institution | MG *****LLC | LISBON FALLS, ME | $105,000 |
| 2024-06 | Bath Savings Institution | MG *****LLC | LISBON FALLS, ME | $50,000 |
| 2024-06 | Service FCU | Nor*****LLC | SOUTH BERWICK, ME | $100,000 |
| 2024-05 | TD Bank, National Association | Por*****NC. | KITTERY, ME | $40,000 |
| 2024-05 | TD Bank, National Association | Fos*****nc. | HARRISON, ME | $25,000 |
| 2024-05 | TD Bank, National Association | ROB*****LLC | HARRISON, ME | $230,000 |
| 2024-04 | TD Bank, National Association | Nor*****nc. | ALFRED, ME | $150,000 |
| 2024-04 | Bangor Savings Bank | Aca*****LLC | LEWISTON, ME | $87,200 |
| 2024-04 | Bangor Savings Bank | Aca*****LLC | LEWISTON, ME | $120,000 |
| 2024-04 | Maine Community Bank | PIN*****INC | GORHAM, ME | $10,000 |
| 2024-04 | Maine Community Bank | PIN*****INC | GORHAM, ME | $70,000 |
| 2024-04 | TD Bank, National Association | Col*****LLC | KITTERY, ME | $15,000 |
| 2024-04 | KeyBank National Association | Aim*****ete | HIRAM, ME | $25,000 |
| 2024-04 | Bangor Savings Bank | Nor*****LLC | BRIGHTON PLT, ME | $100,000 |
| 2024-03 | Bangor Savings Bank | Bry*****LLC | LYMAN, ME | $311,100 |
| 2024-03 | Bar Harbor Bank & Trust | Nic*****ham | NEWPORT, ME | $48,900 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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