SBA Loans for Seafood Product Preparation and Packaging in Maine: Top Lenders
NAICS 311NAICS 311 covers seafood product preparation and packaging businesses in Maine. Based on historical SBA 7(a) lending data.
Total Approvals
10
in Maine
Median Loan Size
$142,600
per approval
Recent Activity
0
last 90 days through Apr 2024
NAICS 311 covers seafood product preparation and packaging businesses. This is a smaller category in SBA 7(a) lending with 10 approvals on record and a median loan size of $142,600.
Key trends & insights
- Seafood Product Preparation and Packaging in Maine lending is concentrated — Bangor Savings Bank, Maine Community Bank, Norway Savings Bank together account for 80% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Bangor Savings Bank leads this industry with 5 approvals (50% market share) and a median loan of $343,000.
- Seafood Product Preparation and Packaging in Maine loans skew smaller than the SBA average at $142,600 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 2024-04-03 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Seafood Product Preparation and Packaging in Maine
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 5 | $343,000 | |
| 2 | 2 | $122,600 | |
| 3 | 1 | $250,000 | |
| 4 | 1 | $75,000 | |
| 5 | 1 | $74,500 |
Recent SBA 7(a) approvals for Seafood Product Preparation and Packaging in Maine
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-04 | Bar Harbor Bank & Trust | Boo*****rky | COLUMBIA, ME | $74,500 |
| 2024-02 | Maine Community Bank | BLA*****LLC | PORTLAND, ME | $173,200 |
| 2023-05 | Bangor Savings Bank | Roc*****LLC | KENNEBUNK, ME | $399,400 |
| 2023-03 | Bangor Savings Bank | LOR*****LLC | STANDISH, ME | $30,000 |
| 2023-03 | Bangor Savings Bank | LOR*****LLC | STANDISH, ME | $112,000 |
| 2023-02 | Kennebunk Savings Bank | Mai*****nc. | LYMAN, ME | $75,000 |
| 2022-10 | Bangor Savings Bank | Nig*****LLC | SOUTH PORTLAND, ME | $484,100 |
| 2021-08 | Norway Savings Bank | Mat*****Inc | PORTLAND, ME | $250,000 |
| 2021-05 | Camden National Bank | Atl*****Inc | Waldoboro, ME | $500,000 |
| 2020-11 | Maine Community Bank | Rov*****LLC | BIDDEFORD, ME | $72,000 |
| 2020-10 | Bangor Savings Bank | Goo*****LLC | KITTERY, ME | $343,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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