States Served
Top Industries Financed
- Full-Service Restaurants
- Advertising Agencies
- Pet Care (except Veterinary) Services
- All Other Amusement and Recreation Industries
- All Other Specialty Trade Contractors
Quick Summary
Machias Savings Bank is an SBA-approved lender headquartered in MACHIAS, Maine. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 62 SBA 7(a) loans totaling $23.3M, with an average loan size of $375K. They primarily serve Maine businesses.
About Machias Savings Bank
Machias Savings Bank is an SBA-approved lender headquartered in MACHIAS, Maine. Since 2020, they have approved 62 SBA 7(a) loans totaling $23.3M, with an average loan size of $375K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They primarily serve businesses in Maine.
Before you apply — know where you stand
Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
Helpful SBA Borrower Guides
Frequently Asked Questions
Is Machias Savings Bank an SBA Preferred Lender?
Yes, Machias Savings Bank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has Machias Savings Bank approved?
According to SBA FOIA public records, Machias Savings Bank has approved 62 SBA 7(a) loans totaling $23.3M since 2020. Their average loan size is $375K.
What states does Machias Savings Bank serve?
Machias Savings Bank primarily serves businesses in Maine.
How do I apply for an SBA loan with Machias Savings Bank?
To apply for an SBA 7(a) loan with Machias Savings Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
Get in Touch with This Lender
Contact Machias Savings Bank
Ready to Apply for an SBA Loan?
Check if you qualify in minutes — no impact to your credit score.
SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days