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Norway Savings Bank

NORWAY, ME 4268

66
Loans Approved
$25.6M
Total Volume
$388K
Avg Loan Size
3
States Served

States Served

ColoradoMaineNew Hampshire

Top Industries Financed

  • Limited-Service Restaurants
  • Fitness and Recreational Sports Centers
  • Full-Service Restaurants
  • Mobile Food Services
  • Engineering Services

Quick Summary

Norway Savings Bank is an SBA-approved lender headquartered in NORWAY, Maine. Since 2020, they have approved 66 SBA 7(a) loans totaling $25.6M, with an average loan size of $388K. They serve businesses across 3 states.

About Norway Savings Bank

Norway Savings Bank is an SBA-approved lender headquartered in NORWAY, Maine. Since 2020, they have approved 66 SBA 7(a) loans totaling $25.6M, with an average loan size of $388K. They serve businesses across 3 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Norway Savings Bank an SBA Preferred Lender?

Norway Savings Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Norway Savings Bank approved?

According to SBA FOIA public records, Norway Savings Bank has approved 66 SBA 7(a) loans totaling $25.6M since 2020. Their average loan size is $388K.

What states does Norway Savings Bank serve?

Norway Savings Bank serves businesses in 3 states: Colorado, Maine, New Hampshire.

How do I apply for an SBA loan with Norway Savings Bank?

To apply for an SBA 7(a) loan with Norway 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+.

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