W W W. M A I N E B I Z . B I Z 47
Fact Book / Doing Business in Maine
B U S I N E S S R E S O U R C E S
Bank Bank headquarters Number of loans Average loan Average interest
1 TD Bank Wilmington, Del. 54 $33,461 10.60%
2 Bangor Savings Bank Bangor 43 $99,209 6.10%
3 Camden National Bank Camden 18 $153,611 5.10%
4 Infinity FCU Westbrook 17 $53,588 8.30%
5 Norway Savings Bank Norway 7 $280,114 5.60%
6 Kennebunk Savings Bank Kennebunk 7 $231,000 5.60%
7 Bath Savings Institution Bath, ME 7 $146,549 6.20%
8 KeyBank Cleveland 6 $582,500 7.30%
9 Live Oak Wilmington, N.C. 5 $951,000 7.00%
10 Stearns Bank Saint Cloud, Minn. 4 $382,250 7.90%
S O U R C E : U.S. Small Business Administration
Most active SBA lenders in Maine
NUMBER OF LOANS
AVERAGE LOAN
0 10 20 30 40 50 60
$0 $100K $200K $300K $400K $500K $600K $700K $800K $900K $1M
0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11%
AVERAGE INTEREST
TD Bank
Bangor Savings Bank
Camden National Bank
Infinity FCU
Norway Savings Bank
Kennebunk Savings Bank
Bath Savings Institution
KeyBank
Live Oak
Stearns Bank
TD Bank
Bangor Savings Bank
Camden National Bank
Infinity FCU
Norway Savings Bank
Kennebunk Savings Bank
Bath Savings Institution
KeyBank
Live Oak
Stearns Bank
TD Bank
Bangor Savings Bank
Camden National Bank
Infinity FCU
Norway Savings Bank
Kennebunk Savings Bank
Bath Savings Institution
KeyBank
Live Oak
Stearns Bank
