| CDC Name | City | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| Southern Maine Finance Agency | Biddeford | 108 | $45.9M | $425K |
| Eastern Maine Development Corp | Bangor | 35 | $14.0M | $401K |
SBA 504 Loans in Maine
There are 2 SBA-certified CDCs headquartered in Maine. Together they have approved 143 SBA 504 loans totaling $60.0M since 2010. SBA 504 loans provide long-term fixed-rate financing for commercial real estate and equipment with as little as 10% down.