# Norway Savings Bank

A Maine desk with SBA experience, no SBA page.

A Norway, Maine bank with twenty-five branches from southern Maine to North Conway, New Hampshire, whose business loans page lists government guaranteed loans, the SBA among them, fourth of ten solutions and acquisition financing ninth. Its own article on SBA loans names changes of ownership, complete or partial, last among the 7(a) uses, and no page states a program status.

- Category: SBA & Acquisition Lenders
- Pricing model: Custom Pricing
- Where it fits: Diligence & Close the Deal
- Website: https://www.norwaysavings.bank/business-banking/business-loans/

## At a Glance

A Maine community bank whose SBA lending lives in a questions answer, a line in its solutions list and its articles, with twelve lenders on the phone. The [change-of-ownership](https://searchspheresource.com/glossary/change-of-ownership) use is there, last in a list, and the site says nothing else a buyer can act on.

## What It Costs

Loan products. No size, rate, fee or term of its own is published for any business loan. One of its two SBA articles restates the program's 7(a) ceiling and terms, the other a ten percent down payment and the prepayment rule on longer maturities, and its questions say most of its business loans are quite modest in size.

## Best For

A buyer in Maine or the Mount Washington Valley who wants a community bank whose lenders say they have SBA experience and will talk on a direct line, and who does not need an SBA page to start from.

## Pros and Cons

- Pro: Its questions say it partners with the SBA and the Finance Authority of Maine, and that its lenders will discern whether an application could benefit from a guarantee
- Pro: Its own article on SBA loans names changes of ownership, complete or partial, among the [7(a)](https://searchspheresource.com/glossary/sba-7a) uses
- Pro: Twelve commercial lenders on its team page with a local number, the toll-free line, an email and an office each, from Kennebunk to North Conway
- Pro: Says its lenders have proven experience with SBA loans and small businesses in Maine and New Hampshire
- Con: States no program status: no page calls it a [Preferred Lender](https://searchspheresource.com/glossary/preferred-lender-program) or names Express or a 504 partner, and it has no SBA page
- Con: Acquisition financing is ninth of ten on its commercial list with no program named; change of ownership appears only in an evergreen article
- Con: No size, rate, fee or term of its own, no SBA-titled person, and its site answers a script with a challenge page
- Con: Names no [search fund](https://searchspheresource.com/glossary/search-fund), [searcher](https://searchspheresource.com/glossary/searcher) or acquisition entrepreneur

## What Searchers Say

Read on its business loans page, its business banking hub, its commercial lending team page, its two SBA articles and its other business-loan articles, its about, leadership, news, locations, contact and rates pages and its releases, through a reader the site's challenge page lets through. No searcher-forum discussion of the desk was found.

## Sources

- https://www.norwaysavings.bank/business-banking/business-loans/
- https://www.norwaysavings.bank/resources/what-are-the-benefits-and-downsides-of-obtaining-an-sba-loan/
- https://www.norwaysavings.bank/business-banking/business-loans/meet-the-commercial-lending-team/
- https://www.norwaysavings.bank/get-to-know-us/about-the-bank/
- https://www.norwaysavings.bank/resources/what-is-an-sba-loan/
- https://www.norwaysavings.bank/business-banking/

Also on this site: https://searchspheresource.com/resources/category/lender.md
Source: https://searchspheresource.com/resources/norway-savings-bank
Last checked: 2026-09-19

Site index for machines: https://searchspheresource.com/llms.txt