Maine
Recent projects we've helped bring to life in New England.
| Type of Business | Location | Partnered With | Total Project |
|---|---|---|---|
| Bakery | Freeport | Norway Savings Bank | $1,164,000 |
| Hardware Retailer | Union | Bangor Savings Bank | $1,750,000 |
| Flour Goods Manufacturer | Scarborough | Katahdin Trust Company | $2,204,000 |
| Bed & Breakfast Inn | Portland | Katahdin Trust Company | $2,689,000 |
| Wood Product Manufacturer | Whitneyville | Machias Savings Bank | $3,850,000 |
| General Automotive Repair | Greene | Bangor Savings Bank | $925,000 |
| Farming | Limerick | Bangor Savings Bank | $922,500 |
| Recreation/Amusement Center | Manchester | Skowhegan Savings Bank | $841,000 |
| Packaging Manufacturer | Biddeford | Bangor Savings Bank | $7,720,000 |
| Restaurant | Kennebunk | Kennebunk Savings Bank | $2,380,000 |
Maine Loan Officer
Get in touch with our team and find out how easy it is to apply.
Paul Collins
Vice PresidentMaine
217 Commercial Street
Suite 301
Portland, ME 04101
Paul has extensive commercial lending experience in the State of Maine. Paul was born in Vermont and moved to Maine where he now resides with his wife and 3 children. He earned a bachelor’s degree in business economics from the University of Maine Farmington and later earned his MBA from University of Maine Orono. Prior to joining GSDC in August of 2015 he was employed by Androscoggin Bank as a commercial lender/team leader. Paul is responsible for all business development in Maine.
April 2026 SBA 504 Interest Rates
(For loans authorized on or after 10/1/25.)
6.171%
25-Year Term
6.170%
20-Year Term
5.577%
10-Year Term