Norway Savings Bank
Headquartered in NORWAY, ME. Analysis based on 66 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $25.6M.
Total 7(a) loans
66
Total approved
$25.6M
Average loan
$388K
States funded in
3
Charge-off rate
0.00%
FY2020–FY2023 cohort
Paid-in-full rate
21.21%
Average rate
7.11%
Average term
93 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722513 | Limited-Service Restaurants | 6 |
| 713940 | Fitness and Recreational Sports Centers | 5 |
| 541330 | Engineering Services | 3 |
| 722330 | Mobile Food Services | 3 |
| 722515 | Snack and Nonalcoholic Beverage Bars | 3 |
| 722511 | Full-Service Restaurants | 3 |
| 722410 | Drinking Places (Alcoholic Beverages) | 3 |
| 812113 | Nail Salons | 2 |
| 621310 | Offices of Chiropractors | 2 |
| 444130 | Hardware Stores | 2 |
Top 10 states
| State | Loans |
|---|---|
| ME | 62 |
| NH | 3 |
| CO | 1 |
Top franchise brands financed
1 franchise loans across 1 distinct brands.
| Franchise | Loans |
|---|---|
| BNI Franchising | 1 |
Get matched with SBA lenders — free
Tell us a bit about your funding need and we'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
We never sell your data. You'll be connected only to lenders matching your criteria.
Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.