Lenders › Bar Harbor Bank & Trust
7(a) lenderBar Harbor, MaineFDIC-insured bank252nd of 2,184 by approvals
Bar Harbor Bank & Trust
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
In FY2021 to FY2025 SBA approved 139 7(a) loans, worth $18.1M, through Bar Harbor Bank & Trust of Bar Harbor, Maine, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 252nd among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 32 approvals totalling $4.8M, down 14% on FY2024 (37). FY2026 to 30 Jun 2026 adds 1 more.
The median approval was $73K, against $190K for the 7(a) program as a whole; 67.6% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 4 states and territories and 19 counties, led by New Hampshire (56.8%), Maine (28.8%) and Vermont (13.7%). The largest industry group was construction at 16.5% of approvals, and 0.7% of approvals were to franchise businesses.
Of 457 disbursed loans approved in FY2010 to FY2021, SBA records 12 as charged off (2.6%), 395 as paid in full and 50 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 1 | — | — | — | 3 |
| FY2025 | 32 | $4.8M | $71K | $150K | 135 |
| FY2024 | 37 | $4.7M | $61K | $126K | 162 |
| FY2023 | 27 | $3.4M | $63K | $124K | 138 |
| FY2022 | 12 | $1.7M | $135K | $143K | 77 |
| FY2021 | 31 | $3.6M | $100K | $115K | 161 |
| FY2020 | 41 | $7.3M | $70K | $178K | 425 |
| FY2019 | 28 | $3.4M | $95K | $121K | 286 |
| FY2018 | 25 | $3.5M | $116K | $138K | 227 |
| FY2017 | 23 | $2.1M | $40K | $90K | 265 |
| FY2016 | 49 | $6.8M | $60K | $140K | 385 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 166 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | New Hampshire | 7(a) program |
|---|---|---|---|
| Approvals in these years | 519 | 5,844 | 639,905 |
| Cancelled or never disbursed | 62 | 653 | 79,313 |
| Disbursed loans | 457 | 5,191 | 560,592 |
| Paid in full | 395 | 4,401 | 435,813 |
| Charged off | 12 | 253 | 36,891 |
| Still outstanding (status exempt from disclosure) | 50 | 537 | 87,888 |
| Charged off, share of disbursed loans | 2.6% | 4.9% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.9% | 2.2% | 2.5% |
| Dollars charged off | $574K | $20.4M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 27 | 16 | 0 | — | 2.8% |
| FY2020 | 39 | 29 | 0 | 0.0% | 4.0% |
| FY2019 | 26 | 21 | 0 | — | 6.7% |
| FY2018 | 24 | 19 | 0 | — | 7.9% |
| FY2017 | 21 | 17 | 0 | — | 7.7% |
| FY2016 | 45 | 40 | 3 | 6.7% | 7.2% |
| FY2015 | 58 | 53 | 1 | 1.7% | 6.9% |
| FY2014 | 43 | 39 | 1 | 2.3% | 6.4% |
| FY2013 | 34 | 29 | 2 | 5.9% | 6.0% |
| FY2012 | 29 | 26 | 1 | — | 6.3% |
| FY2011 | 53 | 51 | 1 | 1.9% | 6.9% |
| FY2010 | 58 | 55 | 3 | 5.2% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $73K | $190K |
| Average approval | $130K | $518K |
| Approvals of $150,000 or less | 67.6% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 35.3% | 34.3% |
| Approvals to franchise businesses | 0.7% | 11.5% |
| Jobs supported per approval, as reported | 4.8 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 2.6% | 6.6% |
States served
| # | State of the business (4 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | New Hampshire | 79 | $10.4M | 56.8% | |
| 2 | Maine | 40 | $5.1M | 28.8% | |
| 3 | Vermont | 19 | $2.5M | 13.7% | |
| 4 | Alaska | 1 | — | 0.7% |
In New Hampshire the lender accounts for 3.3% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (19 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Grafton County, NH | 45 | $5.1M | 32.4% | |
| 2 | Hancock County, ME | 17 | $1.7M | 12.2% | |
| 3 | Hillsborough County, NH | 14 | $2.1M | 10.1% | |
| 4 | Penobscot County, ME | 12 | $1.9M | 8.6% | |
| 5 | Orange County, VT | 11 | $1.4M | 7.9% | |
| 6 | Coos County, NH | 8 | $1.0M | 5.8% | |
| 7 | Merrimack County, NH | 5 | $835K | 3.6% | |
| 8 | Sullivan County, NH | 5 | $668K | 3.6% | |
| 9 | Cumberland County, ME | 5 | $250K | 3.6% | |
| 10 | Caledonia County, VT | 4 | $551K | 2.9% | |
| 11 | Somerset County, ME | 2 | — | 1.4% | |
| 12 | Belknap County, NH | 2 | — | 1.4% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 23 | 16.5% | |
| 2 | Retail Trade | 19 | 13.7% | |
| 3 | Administrative and Support and Waste Management and Remediation Services | 18 | 12.9% | |
| 4 | Health Care and Social Assistance | 12 | 8.6% | |
| 5 | Accommodation and Food Services | 11 | 7.9% | |
| 6 | Other Services (except Public Administration) | 11 | 7.9% | |
| 7 | Real Estate and Rental and Leasing | 8 | 5.8% | |
| 8 | Manufacturing | 8 | 5.8% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Services to Buildings and DwellingsNAICS 5617 | 12 | 8.6% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 10 | 7.2% | |
| 3 | Residential Building ConstructionNAICS 2361 | 9 | 6.5% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 8 | 5.8% | |
| 5 | Restaurants and Other Eating PlacesNAICS 7225 | 8 | 5.8% | |
| 6 | Other Specialty Trade ContractorsNAICS 2389 | 7 | 5.0% | |
| 7 | Lessors of Real EstateNAICS 5311 | 6 | 4.3% | |
| 8 | General Freight TruckingNAICS 4841 | 6 | 4.3% | |
| 9 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 4 | 2.9% | |
| 10 | FloristsNAICS 4593 | 4 | 2.9% |
Approval sizes
- $50,000 or less38.8%54
- $50,001 to $150,00028.8%40
- $150,001 to $350,00025.2%35
- $350,001 to $1 million7.2%10
Loan terms
- 5 years or less38.8%54
- Over 5 to 10 years48.9%68
- Over 10 to 20 years8.6%12
- Over 20 years3.6%5
Age of the businesses
- Existing, more than 2 years old56.8%79
- New business, 2 years or less27.3%38
- Startup, loan funds will open the business7.9%11
- Change of ownership7.9%11
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 81 | 58.3% | |
| 2 | Preferred Lenders Program | 57 | 41.0% | |
| 3 | 7a General | 1 | 0.7% |
Franchise share
1 of 139 approvals in FY2021–FY2025 (0.7%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Line-X | 1 | 0.7% |
Questions and answers
How many SBA loans does Bar Harbor Bank & Trust make?
SBA approved 32 7(a) loans through Bar Harbor Bank & Trust in FY2025, worth $4.8M, and 139 over FY2021 to FY2025. That ranks 252nd of 2,184 active 7(a) lenders by number of approvals.
How large are Bar Harbor Bank & Trust's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $73K and the average $130K. The program-wide median was $190K.
What is Bar Harbor Bank & Trust's charge-off rate?
Of 457 disbursed loans approved in FY2010 to FY2021, SBA records 12 as charged off (2.6%), 395 as paid in full and 50 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Bar Harbor Bank & Trust lend to most?
By number of approvals in FY2021 to FY2025: services to buildings and dwellings (12); offices of other health practitioners (10); residential building construction (9); automotive repair and maintenance (8).
Where does Bar Harbor Bank & Trust make SBA loans?
In 4 states and territories. New Hampshire 79, Maine 40, Vermont 19, Alaska 1. In New Hampshire it accounts for 3.3% of all 7(a) approvals.
Is Bar Harbor Bank & Trust's SBA lending rising?
Approvals in the three latest complete fiscal years total 96, against 84 in the three before: rising (+14%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error