Androscoggin Savings Bank
Headquartered in LEWISTON, ME. Analysis based on 66 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $19.0M.
Total 7(a) loans
66
Total approved
$19.0M
Average loan
$288K
States funded in
3
Charge-off rate
2.86%
FY2020–FY2023 cohort
Paid-in-full rate
28.57%
Average rate
7.20%
Average term
95 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722513 | Limited-Service Restaurants | 10 |
| 541110 | Offices of Lawyers | 6 |
| 484110 | General Freight Trucking, Local | 6 |
| 621210 | Offices of Dentists | 4 |
| 722515 | Snack and Nonalcoholic Beverage Bars | 4 |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 3 |
| 561790 | Other Services to Buildings and Dwellings | 2 |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 2 |
| 713940 | Fitness and Recreational Sports Centers | 2 |
| 713950 | Bowling Centers | 2 |
Top 10 states
| State | Loans |
|---|---|
| ME | 63 |
| MA | 2 |
| NH | 1 |
Top franchise brands financed
3 franchise loans across 1 distinct brands.
| Franchise | Loans |
|---|---|
| Aroma Joe's | 3 |
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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.