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County6th of 16 in Maine by approvalsFIPS 23017
SBA loans in Oxford County, Maine
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Oxford County, Maine, received 78 SBA loan approvals worth $14.4M in FY2021 to FY2025 (70 7(a), 8 504).
That is 56.5 approvals per 1,000 business establishments (1,381 establishments in 2023), above the Maine figure of 46.0 and above the national 41.0.
It ranks 6th of 16 Maine counties with approvals. In FY2025 there were 24, up 60% on FY2024.
15 lenders had approvals here; the most active were TD Bank, National Association (32), Franklin Savings Bank (10) and Granite State Economic Development Corporation (8). The most common industry was general freight trucking.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Oxford County
By number of approvals to businesses in the county, FY2021–FY2025; 15 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | TD Bank, National AssociationWilmington, DE | 32 | $2.6M | 41.0% | |
| 2 | Franklin Savings BankFarmington, ME | 10 | $1.5M | 12.8% | |
| 3 | Granite State Economic Development CorporationPortsmouth, NH · CDC | 8 | $4.8M | 10.3% | |
| 4 | Manufacturers and Traders Trust CompanyBuffalo, NY | 7 | $207K | 9.0% | |
| 5 | Androscoggin Savings BankLewiston, ME | 4 | $975K | 5.1% | |
| 6 | Camden National BankCamden, ME | 4 | $641K | 5.1% | |
| 7 | Maine Community BankPortland, ME | 3 | $1.2M | 3.8% | |
| 8 | Bangor Savings BankBangor, ME | 2 | — | 2.6% | |
| 9 | KeyBank National AssociationCleveland, OH | 2 | — | 2.6% | |
| 10 | Live Oak Banking CompanyWilmington, NC | 1 | — | 1.3% | |
| 11 | Newtek Bank, National AssociationMiami, FL | 1 | — | 1.3% | |
| 12 | Byline BankChicago, IL | 1 | — | 1.3% | |
| 13 | Norway Savings BankNorway, ME | 1 | — | 1.3% | |
| 14 | Meredith Village Savings BankMeredith, NH | 1 | — | 1.3% | |
| 15 | Service FCUPortsmouth, NH | 1 | — | 1.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | General Freight TruckingNAICS 4841 | 7 | 9.0% | |
| 2 | Automotive Repair and MaintenanceNAICS 8111 | 6 | 7.7% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 6 | 7.7% | |
| 4 | Residential Building ConstructionNAICS 2361 | 5 | 6.4% | |
| 5 | Bakeries and Tortilla ManufacturingNAICS 3118 | 4 | 5.1% | |
| 6 | Building Material and Supplies DealersNAICS 4441 | 4 | 5.1% | |
| 7 | LoggingNAICS 1133 | 4 | 5.1% | |
| 8 | Offices of Other Health PractitionersNAICS 6213 | 4 | 5.1% | |
| 9 | Traveler AccommodationNAICS 7211 | 3 | 3.8% | |
| 10 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 3.8% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 18 | 23.1% | |
| 2 | Accommodation and Food Services | 8 | 10.3% | |
| 3 | Other Services (except Public Administration) | 8 | 10.3% | |
| 4 | Retail Trade | 8 | 10.3% | |
| 5 | Transportation and Warehousing | 7 | 9.0% | |
| 6 | Health Care and Social Assistance | 6 | 7.7% | |
| 7 | Manufacturing | 6 | 7.7% | |
| 8 | Real Estate and Rental and Leasing | 4 | 5.1% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 8 | $715K | $48K | 1 | — | 9 | 10 |
| FY2025 | 23 | $3.6M | $75K | 1 | — | 24 | 116 |
| FY2024 | 14 | $934K | $51K | 1 | — | 15 | 14 |
| FY2023 | 21 | $3.2M | $55K | 4 | $2.2M | 25 | 87 |
| FY2022 | 3 | $509K | $125K | 2 | — | 5 | 62 |
| FY2021 | 9 | $1.4M | $141K | 0 | — | 9 | 62 |
| FY2020 | 6 | $1.2M | $43K | 4 | $1.1M | 10 | 33 |
| FY2019 | 2 | — | — | 2 | — | 4 | 23 |
| FY2018 | 6 | $706K | $48K | 0 | — | 6 | 66 |
| FY2017 | 15 | $3.3M | $100K | 1 | — | 16 | 208 |
| FY2016 | 15 | $4.6M | $90K | 2 | — | 17 | 117 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 53 approvals.
Against Maine and the country
| FY2021–FY2025 | Oxford County | Maine | United States |
|---|---|---|---|
| Approvals | 78 | 1,996 | 342,825 |
| Approvals per 1,000 establishments | 56.5 | 46.0 | 41.0 |
| Median 7(a) approval | $74K | $100K | $190K |
| Median 504 approval | $374K | $385K | $657K |
| Average approval | $185K | $327K | $573K |
| 504 share of approvals | 10.3% | 17.1% | 11.0% |
| Jobs supported per approval, as reported | 4.4 | 8.4 | 10.5 |
| Share of state approvals | 3.9% | 100.0% | — |
Approval sizes
- $50,000 or less35.9%28
- $50,001 to $150,00030.8%24
- $150,001 to $350,00021.8%17
- $350,001 to $1 million7.7%6
- $1 million to $2 million3.8%3
Age of the businesses
- Existing, more than 2 years old57.7%45
- New business, 2 years or less24.4%19
- Startup, loan funds will open the business12.8%10
- Change of ownership5.1%4
Questions and answers
Which lenders make the most SBA loans in Oxford County?
By approvals in FY2021 to FY2025: TD Bank, National Association (32), Franklin Savings Bank (10), Granite State Economic Development Corporation (8), Manufacturers and Traders Trust Company (7), Androscoggin Savings Bank (4). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Oxford County?
The median 7(a) approval was $74K and the median 504 approval $374K; the Maine 7(a) median was $100K.
Which industries get the most SBA loans in Oxford County?
General Freight Trucking (7); Automotive Repair and Maintenance (6); Building Equipment Contractors (6); Residential Building Construction (5); Bakeries and Tortilla Manufacturing (4).
Is SBA lending in Oxford County rising?
Approvals in the three latest complete fiscal years total 64, against 24 in the three before: rising (+167%).
How does Oxford County compare with the rest of Maine?
56.5 approvals per 1,000 establishments against 46.0 statewide, and 78 of the state's 1,996 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error