Buying a Business in Maine
What SBA acquisition lending actually looks like in Maine, from loan-level government data.
FY2025 Acquisition Loans
29
$20.9M approved
Median Loan
$250,000
FY2020 through FY2025
Loans Since FY2020
159
$89.7M in total approvals
Share of U.S. Activity
0.4%
Of change-of-ownership loans
Most Active Acquisition Lenders in Maine
- 1. Machias Savings Bank19 loans
- 2. Bangor Savings Bank18 loans
- 3. Maine Community Bank18 loans
- 4. Norway Savings Bank15 loans
- 5. Live Oak Banking Company14 loans
A lender being active in Maine does not require a local branch; several top SBA lenders work nationally. Build a shortlist with Lender Match.
What Gets Bought in Maine
- Full-Service Restaurants10 loans
- Supermarkets and Other Grocery (except Convenience) Stores10 loans
- All Other Specialty Trade Contractors6 loans
- Fitness and Recreational Sports Centers4 loans
- Plumbing, Heating, and Air-Conditioning Contractors4 loans
Industry-specific pricing and diligence live in the Industry Buy Guides.
Method & Source
Computed from the SBA 7(a) FOIA loan-level dataset (FY2020 through FY2025), filtered to approvals flagged change of ownership with a Maine project address. Approvals, not closings; excludes conventional and 504 financing. Free to cite with attribution.
Everything here is educational information, not financial, legal, tax, or investment advice. Figures are estimates or cited third-party data; verify anything that matters against primary sources and your own advisors before acting on it.