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SBA Loans in Detroit, ME

Explore recent SBA 7(a) and 504 lending activity in Detroit. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

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Total SBA loans
14
all programs
Approved $
$4.0M
last 24 months
Avg loan
$284K
median $245K
Active lenders
6
approved here
Jobs supported
113
cumulative

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DETROIT · 14 LOANS
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Top lenders in Detroit

Manufacturers and Traders Trust Company
6
Bar Harbor Bank & Trust
4
Bank of America, National Association
1
Eastern Maine Development Corporation
1
Granite State Economic Development Corporation
1
TD Bank, National Association
1

Top industries in Detroit

"Overhead Traveling Crane, Hoist, and Monorail System Manufacturing"
5
Lessors of Nonresidential Buildings (except Miniwarehouses)
2
Recyclable Material Merchant Wholesalers
2
General Automotive Repair
1
Meat and Meat Product Wholesalers
1
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Loan records · Detroit, ME
14 records
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SOMATEX, INC.
Detroit, ME
$615,000
7(a)
Manufacturers and Traders Trust Company$41K/job · 2010-10-01
Railside Recycling & Storage LLC
Detroit, ME
$480,000
7(a)
Bar Harbor Bank & Trust$69K/job · 2025-01-28
SOMATEX, INC.
Detroit, ME
$475,000
7(a)
Manufacturers and Traders Trust Company$32K/job · 2010-12-20
Railside Recycling & Storage LLC
Detroit, ME
$400,000
7(a)
Bar Harbor Bank & Trust$57K/job · 2025-01-28
Somatex Realty, LLC
Detroit, ME
$395,000
7(a)
Manufacturers and Traders Trust Company2010-10-01
SOMATEX, INC.
Detroit, ME
$350,000
7(a)
Manufacturers and Traders Trust Company$23K/job · 2010-10-01
SOMATEX, INC.
Detroit, ME
$350,000
7(a)
Manufacturers and Traders Trust Company$23K/job · 2010-12-20
Somatex Realty, LLC
Detroit, ME
$320,000
7(a)
Manufacturers and Traders Trust Company2010-12-21
SOMATEX, INC.
Detroit, ME
$200,000
7(a)
Bar Harbor Bank & Trust$8K/job · 2013-06-18
FRANK L WOODWORTH INC
Detroit, ME
$167,000
504
Granite State Economic Development Corporation$33K/job · 2006-07-13
Riverside Automotive
Detroit, ME
$140,000
7(a)
Eastern Maine Development Corporation$140K/job · 2013-01-02
BOBBETTE L BISHOP & STEVEN L D
Detroit, ME
$35,500
7(a)
Bar Harbor Bank & Trust$36K/job · 1999-10-07
BROUSSEAU'S FAMILY MEATS
Detroit, ME
$22,000
7(a)
Bank of America, National Association$3K/job · 2000-11-01
MELISSA L BUZZELL
Detroit, ME
$21,000
7(a)
TD Bank, National Association$21K/job · 2019-06-19
1–14 of 14
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