SBA Loans for Machine Shops in Maine: Top Lenders
NAICS 332NAICS 332 covers machine shops businesses in Maine. Based on historical SBA 7(a) lending data.
Total Approvals
2
in Maine
Median Loan Size
$832,750
per approval
Recent Activity
0
last 90 days through Feb 2023
NAICS 332 covers machine shops businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $832,750.
Key trends & insights
- Machine Shops in Maine loans run larger than the SBA average — a $832,750 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2023-02-09 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Machine Shops in Maine
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $1,615,500 | |
| 2 | 1 | $50,000 |
Recent SBA 7(a) approvals for Machine Shops in Maine
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-07 | TD Bank, National Association | Loc*****ars | WESTBROOK, ME | $25,000 |
| 2023-02 | Katahdin Trust Company | Ray*****LLC | HANCOCK, ME | $1,615,500 |
| 2021-07 | Katahdin Trust Company | Nat*****nes | Scarborough, ME | $122,700 |
| 2021-04 | Bath Savings Institution | Eme*****any | Gorham, ME | $50,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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