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County8th of 10 in New Hampshire by approvalsFIPS 33005
SBA loans in Cheshire County, New Hampshire
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 126 loans to businesses in Cheshire County, New Hampshire, in FY2021 to FY2025, worth $35.9M: 102 under 7(a) and 24 under 504.
That is 63.0 approvals per 1,000 business establishments (2,001 establishments in 2023), close to the New Hampshire figure of 73.1 and above the national 41.0.
It ranks 8th of 10 New Hampshire counties with approvals. In FY2025 there were 37, up 76% on FY2024.
23 lenders had approvals here; the most active were TD Bank, National Association (27), Savings Bank of Walpole (24) and Granite State Economic Development Corporation (19). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Cheshire County
By number of approvals to businesses in the county, FY2021–FY2025; 23 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | TD Bank, National AssociationWilmington, DE | 27 | $4.9M | 21.4% | |
| 2 | Savings Bank of WalpoleWalpole, NH | 24 | $7.7M | 19.0% | |
| 3 | Granite State Economic Development CorporationPortsmouth, NH · CDC | 19 | $7.9M | 15.1% | |
| 4 | Service FCUPortsmouth, NH | 10 | $613K | 7.9% | |
| 5 | Mascoma BankLebanon, NH | 9 | $1.8M | 7.1% | |
| 6 | Manufacturers and Traders Trust CompanyBuffalo, NY | 7 | $460K | 5.6% | |
| 7 | KeyBank National AssociationCleveland, OH | 4 | $848K | 3.2% | |
| 8 | NBT Bank, National AssociationNorwich, NY | 4 | $725K | 3.2% | |
| 9 | New England Certified Development CorporationWakefield, MA · CDC | 3 | $1.4M | 2.4% | |
| 10 | Live Oak Banking CompanyWilmington, NC | 2 | — | 1.6% | |
| 11 | Newtek Bank, National AssociationMiami, FL | 2 | — | 1.6% | |
| 12 | Merrimack County Savings BankConcord, NH | 2 | — | 1.6% | |
| 13 | Northeast BankLewiston, ME | 2 | — | 1.6% | |
| 14 | Lighthouse Federal Credit UnionDover, NH | 2 | — | 1.6% | |
| 15 | Bay Colony Development CorporationWaltham, MA · CDC | 1 | — | 0.8% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 12 | 9.5% | |
| 2 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 12 | 9.5% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 7 | 5.6% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 5 | 4.0% | |
| 5 | Specialty Food StoresNAICS 4452 | 5 | 4.0% | |
| 6 | Consumer Goods RentalNAICS 5322 | 4 | 3.2% | |
| 7 | Personal Care ServicesNAICS 8121 | 4 | 3.2% | |
| 8 | Residential Building ConstructionNAICS 2361 | 4 | 3.2% | |
| 9 | Printing and Related Support ActivitiesNAICS 3231 | 3 | 2.4% | |
| 10 | Sporting Goods, Hobby, and Musical Instrument StoresNAICS 4511 | 3 | 2.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 27 | 21.4% | |
| 2 | Construction | 23 | 18.3% | |
| 3 | Accommodation and Food Services | 15 | 11.9% | |
| 4 | Other Services (except Public Administration) | 11 | 8.7% | |
| 5 | Manufacturing | 11 | 8.7% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 9 | 7.1% | |
| 7 | Real Estate and Rental and Leasing | 7 | 5.6% | |
| 8 | Professional, Scientific, and Technical Services | 4 | 3.2% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 16 | $3.2M | $86K | 5 | $1.6M | 21 | 137 |
| FY2025 | 30 | $6.9M | $120K | 7 | $2.8M | 37 | 200 |
| FY2024 | 19 | $5.5M | $100K | 2 | — | 21 | 146 |
| FY2023 | 16 | $2.0M | $48K | 4 | $3.4M | 20 | 224 |
| FY2022 | 15 | $4.4M | $100K | 8 | $4.2M | 23 | 160 |
| FY2021 | 22 | $4.7M | $162K | 3 | $813K | 25 | 117 |
| FY2020 | 15 | $5.0M | $100K | 4 | $1.1M | 19 | 100 |
| FY2019 | 20 | $5.5M | $55K | 7 | $1.7M | 27 | 218 |
| FY2018 | 16 | $4.6M | $43K | 3 | $488K | 19 | 89 |
| FY2017 | 19 | $2.6M | $100K | 6 | $1.6M | 25 | 153 |
| FY2016 | 20 | $1.4M | $59K | 3 | $1.1M | 23 | 129 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 113 approvals.
Against New Hampshire and the country
| FY2021–FY2025 | Cheshire County | New Hampshire | United States |
|---|---|---|---|
| Approvals | 126 | 2,873 | 342,825 |
| Approvals per 1,000 establishments | 63.0 | 73.1 | 41.0 |
| Median 7(a) approval | $100K | $100K | $190K |
| Median 504 approval | $316K | $320K | $657K |
| Average approval | $285K | $333K | $573K |
| 504 share of approvals | 19.0% | 17.1% | 11.0% |
| Jobs supported per approval, as reported | 6.7 | 8.0 | 10.5 |
| Share of state approvals | 4.4% | 100.0% | — |
Approval sizes
- $50,000 or less31.0%39
- $50,001 to $150,00027.8%35
- $150,001 to $350,00017.5%22
- $350,001 to $1 million18.3%23
- $1 million to $2 million3.2%4
- Over $2 million2.4%3
Age of the businesses
- Existing, more than 2 years old63.5%80
- New business, 2 years or less16.7%21
- Startup, loan funds will open the business6.3%8
- Change of ownership13.5%17
Questions and answers
Which lenders make the most SBA loans in Cheshire County?
By approvals in FY2021 to FY2025: TD Bank, National Association (27), Savings Bank of Walpole (24), Granite State Economic Development Corporation (19), Service FCU (10), Mascoma Bank (9). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Cheshire County?
The median 7(a) approval was $100K and the median 504 approval $316K; the New Hampshire 7(a) median was $100K.
Which industries get the most SBA loans in Cheshire County?
Restaurants and Other Eating Places (12); Foundation, Structure, and Building Exterior Contractors (12); Services to Buildings and Dwellings (7); Automotive Repair and Maintenance (5); Specialty Food Stores (5).
Is SBA lending in Cheshire County rising?
Approvals in the three latest complete fiscal years total 78, against 67 in the three before: rising (+16%).
How does Cheshire County compare with the rest of New Hampshire?
63.0 approvals per 1,000 establishments against 73.1 statewide, and 126 of the state's 2,873 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error