County2nd of 16 in Maine by approvalsFIPS 23031
SBA loans in York 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.
SBA approved 408 loans to businesses in York County, Maine, in FY2021 to FY2025, worth $136M: 314 under 7(a) and 94 under 504.
That is 69.0 approvals per 1,000 business establishments (5,914 establishments in 2023), above the Maine figure of 46.0 and above the national 41.0.
It ranks 2nd of 16 Maine counties with approvals. In FY2025 there were 96, up 8% on FY2024.
45 lenders had approvals here; the most active were Granite State Economic Development Corporation (76), Kennebunk Savings Bank (60) and TD Bank, National Association (51). The most common industry was restaurants and other eating places.
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 York County
By number of approvals to businesses in the county, FY2021–FY2025; 45 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Granite State Economic Development CorporationPortsmouth, NH · CDC | 76 | $40.3M | 18.6% | |
| 2 | Kennebunk Savings BankKennebunk, ME | 60 | $14.6M | 14.7% | |
| 3 | TD Bank, National AssociationWilmington, DE | 51 | $7.3M | 12.5% | |
| 4 | Maine Community BankPortland, ME | 45 | $17.2M | 11.0% | |
| 5 | Bangor Savings BankBangor, ME | 29 | $5.2M | 7.1% | |
| 6 | Manufacturers and Traders Trust CompanyBuffalo, NY | 28 | $1.8M | 6.9% | |
| 7 | Atlantic Regional Federal Credit UnionSouth Portland, ME | 16 | $1.2M | 3.9% | |
| 8 | Southern Maine Finance AgencyBiddeford, ME · CDC | 15 | $5.6M | 3.7% | |
| 9 | BayFirst National BankSaint Petersburg, FL | 10 | $3.3M | 2.5% | |
| 10 | Norway Savings BankNorway, ME | 9 | $5.6M | 2.2% | |
| 11 | KeyBank National AssociationCleveland, OH | 8 | $1.2M | 2.0% | |
| 12 | Live Oak Banking CompanyWilmington, NC | 5 | $3.4M | 1.2% | |
| 13 | Northeast BankLewiston, ME | 4 | $740K | 1.0% | |
| 14 | Camden National BankCamden, ME | 3 | $5.0M | 0.7% | |
| 15 | New England Certified Development CorporationWakefield, MA · CDC | 3 | $2.5M | 0.7% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 51 | 12.5% | |
| 2 | Traveler AccommodationNAICS 7211 | 19 | 4.7% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 18 | 4.4% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 16 | 3.9% | |
| 5 | Personal Care ServicesNAICS 8121 | 16 | 3.9% | |
| 6 | Grocery StoresNAICS 4451 | 12 | 2.9% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 12 | 2.9% | |
| 8 | Child Day Care ServicesNAICS 6244 | 11 | 2.7% | |
| 9 | Offices of Other Health PractitionersNAICS 6213 | 11 | 2.7% | |
| 10 | Special Food ServicesNAICS 7223 | 10 | 2.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 87 | 21.3% | |
| 2 | Retail Trade | 50 | 12.3% | |
| 3 | Construction | 40 | 9.8% | |
| 4 | Other Services (except Public Administration) | 38 | 9.3% | |
| 5 | Manufacturing | 37 | 9.1% | |
| 6 | Health Care and Social Assistance | 34 | 8.3% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 27 | 6.6% | |
| 8 | Professional, Scientific, and Technical Services | 26 | 6.4% |
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* | 46 | $16.8M | $100K | 12 | $12.3M | 58 | 572 |
| FY2025 | 80 | $17.3M | $60K | 16 | $10.6M | 96 | 513 |
| FY2024 | 71 | $18.8M | $75K | 18 | $11.2M | 89 | 573 |
| FY2023 | 58 | $14.1M | $83K | 10 | $3.5M | 68 | 681 |
| FY2022 | 50 | $12.8M | $78K | 17 | $9.9M | 67 | 892 |
| FY2021 | 55 | $24.5M | $163K | 33 | $13.2M | 88 | 809 |
| FY2020 | 38 | $6.2M | $54K | 21 | $11.9M | 59 | 300 |
| FY2019 | 55 | $7.7M | $62K | 18 | $6.2M | 73 | 378 |
| FY2018 | 60 | $18.4M | $69K | 16 | $8.6M | 76 | 509 |
| FY2017 | 59 | $15.7M | $75K | 28 | $13.7M | 87 | 655 |
| FY2016 | 54 | $8.0M | $50K | 19 | $5.7M | 73 | 543 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 368 approvals.
Against Maine and the country
| FY2021–FY2025 | York County | Maine | United States |
|---|---|---|---|
| Approvals | 408 | 1,996 | 342,825 |
| Approvals per 1,000 establishments | 69.0 | 46.0 | 41.0 |
| Median 7(a) approval | $87K | $100K | $190K |
| Median 504 approval | $348K | $385K | $657K |
| Average approval | $333K | $327K | $573K |
| 504 share of approvals | 23.0% | 17.1% | 11.0% |
| Jobs supported per approval, as reported | 8.5 | 8.4 | 10.5 |
| Share of state approvals | 20.4% | 100.0% | — |
Approval sizes
- $50,000 or less28.4%116
- $50,001 to $150,00022.8%93
- $150,001 to $350,00024.5%100
- $350,001 to $1 million17.6%72
- $1 million to $2 million3.9%16
- Over $2 million2.7%11
Age of the businesses
- Existing, more than 2 years old47.1%192
- New business, 2 years or less19.4%79
- Startup, loan funds will open the business22.8%93
- Change of ownership10.8%44
Questions and answers
Which lenders make the most SBA loans in York County?
By approvals in FY2021 to FY2025: Granite State Economic Development Corporation (76), Kennebunk Savings Bank (60), TD Bank, National Association (51), Maine Community Bank (45), Bangor Savings Bank (29). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in York County?
The median 7(a) approval was $87K and the median 504 approval $348K; the Maine 7(a) median was $100K.
Which industries get the most SBA loans in York County?
Restaurants and Other Eating Places (51); Traveler Accommodation (19); Services to Buildings and Dwellings (18); Other Amusement and Recreation Industries (16); Personal Care Services (16).
Is SBA lending in York County rising?
Approvals in the three latest complete fiscal years total 253, against 214 in the three before: rising (+18%).
How does York County compare with the rest of Maine?
69.0 approvals per 1,000 establishments against 46.0 statewide, and 408 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