Lenders › Camden National Bank
7(a) lenderCamden, MaineFDIC-insured bank274th of 2,184 by approvals
Camden National Bank
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.
Camden National Bank (Camden, Maine) is an FDIC-insured bank in the SBA 7(a) program, 274th of 2,184 by approvals in FY2021 to FY2025: 126 loans worth $27.5M.
In FY2025, the latest complete fiscal year, it had 6 approvals totalling $1.6M, down 86% on FY2024 (43). FY2026 to 30 Jun 2026 adds 3 more.
The median approval was $60K, against $190K for the 7(a) program as a whole; 69.0% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 4 states and territories and 20 counties, led by New Hampshire (79.4%), Maine (14.3%) and Massachusetts (5.6%). The largest industry group was retail trade at 20.6% of approvals, and 4.0% of approvals were to franchise businesses.
Of 737 disbursed loans approved in FY2010 to FY2021, SBA records 34 as charged off (4.6%), 655 as paid in full and 48 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* | 3 | $1.2M | $250K | $384K | 207 |
| FY2025 | 6 | $1.6M | $152K | $273K | 61 |
| FY2024 | 43 | $2.9M | $37K | $68K | 94 |
| FY2023 | 19 | $1.7M | $25K | $90K | 41 |
| FY2022 | 26 | $6.7M | $102K | $257K | 193 |
| FY2021 | 32 | $14.5M | $174K | $454K | 299 |
| FY2020 | 33 | $7.2M | $117K | $217K | 308 |
| FY2019 | 53 | $7.9M | $50K | $150K | 250 |
| FY2018 | 55 | $4.0M | $45K | $72K | 211 |
| FY2017 | 44 | $3.4M | $25K | $77K | 315 |
| FY2016 | 66 | $4.1M | $29K | $63K | 283 |
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 251 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 | 838 | 5,844 | 639,905 |
| Cancelled or never disbursed | 101 | 653 | 79,313 |
| Disbursed loans | 737 | 5,191 | 560,592 |
| Paid in full | 655 | 4,401 | 435,813 |
| Charged off | 34 | 253 | 36,891 |
| Still outstanding (status exempt from disclosure) | 48 | 537 | 87,888 |
| Charged off, share of disbursed loans | 4.6% | 4.9% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.5% | 2.2% | 2.5% |
| Dollars charged off | $1.1M | $20.4M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 31 | 18 | 1 | 3.2% | 2.8% |
| FY2020 | 29 | 20 | 0 | — | 4.0% |
| FY2019 | 42 | 34 | 0 | 0.0% | 6.7% |
| FY2018 | 44 | 37 | 1 | 2.3% | 7.9% |
| FY2017 | 42 | 34 | 1 | 2.4% | 7.7% |
| FY2016 | 54 | 51 | 0 | 0.0% | 7.2% |
| FY2015 | 89 | 88 | 0 | 0.0% | 6.9% |
| FY2014 | 49 | 46 | 3 | 6.1% | 6.4% |
| FY2013 | 74 | 70 | 3 | 4.1% | 6.0% |
| FY2012 | 110 | 101 | 8 | 7.3% | 6.3% |
| FY2011 | 92 | 82 | 10 | 10.9% | 6.9% |
| FY2010 | 81 | 74 | 7 | 8.6% | 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 | $60K | $190K |
| Average approval | $218K | $518K |
| Approvals of $150,000 or less | 69.0% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 14.3% | 34.3% |
| Approvals to franchise businesses | 4.0% | 11.5% |
| Jobs supported per approval, as reported | 5.5 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 4.6% | 6.6% |
States served
| # | State of the business (4 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | New Hampshire | 100 | $10.4M | 79.4% | |
| 2 | Maine | 18 | $9.3M | 14.3% | |
| 3 | Massachusetts | 7 | $7.8M | 5.6% | |
| 4 | Florida | 1 | — | 0.8% |
In New Hampshire the lender accounts for 4.2% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (20 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Carroll County, NH | 29 | $1.8M | 23.0% | |
| 2 | Grafton County, NH | 19 | $1.1M | 15.1% | |
| 3 | Hillsborough County, NH | 13 | $3.0M | 10.3% | |
| 4 | Merrimack County, NH | 11 | $1.5M | 8.7% | |
| 5 | Rockingham County, NH | 10 | $1.3M | 7.9% | |
| 6 | Belknap County, NH | 9 | $1.0M | 7.1% | |
| 7 | Cumberland County, ME | 6 | $1.2M | 4.8% | |
| 8 | Middlesex County, MA | 5 | $6.7M | 4.0% | |
| 9 | Oxford County, ME | 4 | $641K | 3.2% | |
| 10 | Strafford County, NH | 4 | $509K | 3.2% | |
| 11 | York County, ME | 3 | $5.0M | 2.4% | |
| 12 | Coos County, NH | 3 | $65K | 2.4% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 26 | 20.6% | |
| 2 | Construction | 18 | 14.3% | |
| 3 | Accommodation and Food Services | 15 | 11.9% | |
| 4 | Professional, Scientific, and Technical Services | 11 | 8.7% | |
| 5 | Other Services (except Public Administration) | 10 | 7.9% | |
| 6 | Manufacturing | 9 | 7.1% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 9 | 7.1% | |
| 8 | Transportation and Warehousing | 8 | 6.3% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 11 | 8.7% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 8 | 6.3% | |
| 3 | Grocery StoresNAICS 4451 | 7 | 5.6% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 6 | 4.8% | |
| 5 | Specialized Freight TruckingNAICS 4842 | 5 | 4.0% | |
| 6 | Residential Building ConstructionNAICS 2361 | 5 | 4.0% | |
| 7 | Sporting Goods, Hobby, and Musical Instrument StoresNAICS 4511 | 4 | 3.2% | |
| 8 | Other Specialty Trade ContractorsNAICS 2389 | 4 | 3.2% | |
| 9 | Gasoline StationsNAICS 4571 | 4 | 3.2% | |
| 10 | Legal ServicesNAICS 5411 | 3 | 2.4% |
Approval sizes
- $50,000 or less48.4%61
- $50,001 to $150,00020.6%26
- $150,001 to $350,00019.8%25
- $350,001 to $1 million7.1%9
- $1 million to $2 million1.6%2
- Over $2 million2.4%3
Loan terms
- 5 years or less38.1%48
- Over 5 to 10 years58.7%74
- Over 10 to 20 years3.2%4
Age of the businesses
- Existing, more than 2 years old81.7%103
- New business, 2 years or less8.7%11
- Startup, loan funds will open the business5.6%7
- Change of ownership4.0%5
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 79 | 62.7% | |
| 2 | Preferred Lenders Program | 41 | 32.5% | |
| 3 | Export Express | 3 | 2.4% | |
| 4 | 7a General | 2 | 1.6% | |
| 5 | Working Capital CAPLine | 1 | 0.8% |
Franchise share
5 of 126 approvals in FY2021–FY2025 (4.0%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Wrap City | 3 | 2.4% | |
| 2 | Popeyes Louisiana Kitchen | 1 | 0.8% | |
| 3 | Tropical Smoothie Cafe | 1 | 0.8% |
Questions and answers
How many SBA loans does Camden National Bank make?
SBA approved 6 7(a) loans through Camden National Bank in FY2025, worth $1.6M, and 126 over FY2021 to FY2025. That ranks 274th of 2,184 active 7(a) lenders by number of approvals.
How large are Camden National Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $60K and the average $218K. The program-wide median was $190K.
What is Camden National Bank's charge-off rate?
Of 737 disbursed loans approved in FY2010 to FY2021, SBA records 34 as charged off (4.6%), 655 as paid in full and 48 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 Camden National Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (11); services to buildings and dwellings (8); grocery stores (7); automotive repair and maintenance (6).
Where does Camden National Bank make SBA loans?
In 4 states and territories. New Hampshire 100, Maine 18, Massachusetts 7, Florida 1. In New Hampshire it accounts for 4.2% of all 7(a) approvals.
Is Camden National Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 68, against 91 in the three before: falling (-25%).
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