SBA Loans for Art Dealers in Maine: Top Lenders

NAICS 453

NAICS 453 covers art dealers businesses in Maine. Based on historical SBA 7(a) lending data.

Total Approvals

4

in Maine

Median Loan Size

$180,000

per approval

Recent Activity

0

last 90 days through Nov 2020

NAICS 453 covers art dealers businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $180,000.

Key trends & insights

  • Art Dealers in Maine lending is concentrated — Bath Savings Institution, TD Bank, National Association, Bangor Savings Bank together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Bath Savings Institution leads this industry with 2 approvals (50% market share) and a median loan of $900,000.
  • Art Dealers in Maine loans skew smaller than the SBA average at $180,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2020-11-04 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Art Dealers in Maine

#LenderApprovalsMedian Size
12$900,000
21$60,000
31$23,000

Recent SBA 7(a) approvals for Art Dealers in Maine

MonthLenderBorrowerAmount
2022-11TD Bank, National AssociationSil*****ags$25,000
2020-11Bath Savings InstitutionMAR*****LLC$1,500,000
2020-08Bath Savings InstitutionMAR*****LLC$300,000
2020-05TD Bank, National Associationdan*****lor$60,000
2020-02Bangor Savings BankLou*****nc.$23,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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