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County9th of 10 in New Hampshire by approvalsFIPS 33019
SBA loans in Sullivan 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.
Businesses in Sullivan County, New Hampshire, received 46 SBA loan approvals worth $15.3M in FY2021 to FY2025 (29 7(a), 17 504).
That is 48.1 approvals per 1,000 business establishments (956 establishments in 2023), below the New Hampshire figure of 73.1 and above the national 41.0.
It ranks 9th of 10 New Hampshire counties with approvals. In FY2025 there were 11.
15 lenders had approvals here; the most active were Granite State Economic Development Corporation (14), Claremont Savings Bank (6) and Bar Harbor Bank & Trust (5). The most common industry was other specialty trade contractors.
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 Sullivan County
By number of approvals to businesses in the county, FY2021–FY2025; 15 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Granite State Economic Development CorporationPortsmouth, NH · CDC | 14 | $2.1M | 30.4% | |
| 2 | Claremont Savings BankClaremont, NH | 6 | $1.4M | 13.0% | |
| 3 | Bar Harbor Bank & TrustBar Harbor, ME | 5 | $668K | 10.9% | |
| 4 | Live Oak Banking CompanyWilmington, NC | 4 | $2.5M | 8.7% | |
| 5 | Bay Colony Development CorporationWaltham, MA · CDC | 2 | — | 4.3% | |
| 6 | Newtek Bank, National AssociationMiami, FL | 2 | — | 4.3% | |
| 7 | The Huntington National BankColumbus, OH | 2 | — | 4.3% | |
| 8 | Camden National BankCamden, ME | 2 | — | 4.3% | |
| 9 | Manufacturers and Traders Trust CompanyBuffalo, NY | 2 | — | 4.3% | |
| 10 | Service FCUPortsmouth, NH | 2 | — | 4.3% | |
| 11 | Banc of CaliforniaLos Angeles, CA | 1 | — | 2.2% | |
| 12 | TD Bank, National AssociationWilmington, DE | 1 | — | 2.2% | |
| 13 | New England Certified Development CorporationWakefield, MA · CDC | 1 | — | 2.2% | |
| 14 | Savings Bank of WalpoleWalpole, NH | 1 | — | 2.2% | |
| 15 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 2.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Specialty Trade ContractorsNAICS 2389 | 5 | 10.9% | |
| 2 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 4 | 8.7% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 6.5% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 6.5% | |
| 5 | Residential Building ConstructionNAICS 2361 | 3 | 6.5% | |
| 6 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 6.5% | |
| 7 | Child Day Care ServicesNAICS 6244 | 2 | 4.3% | |
| 8 | Other Personal ServicesNAICS 8129 | 2 | 4.3% | |
| 9 | Machine Shops; Turned Product; and Screw, Nut, and Bolt ManufacturingNAICS 3327 | 2 | 4.3% | |
| 10 | Sporting Goods, Hobby, and Musical Instrument RetailersNAICS 4591 | 2 | 4.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 9 | 19.6% | |
| 2 | Health Care and Social Assistance | 8 | 17.4% | |
| 3 | Retail Trade | 7 | 15.2% | |
| 4 | Other Services (except Public Administration) | 5 | 10.9% | |
| 5 | Manufacturing | 5 | 10.9% | |
| 6 | Arts, Entertainment, and Recreation | 3 | 6.5% | |
| 7 | Accommodation and Food Services | 3 | 6.5% | |
| 8 | Professional, Scientific, and Technical Services | 2 | 4.3% |
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* | 2 | — | — | 2 | — | 4 | 65 |
| FY2025 | 10 | $2.6M | $177K | 1 | — | 11 | 74 |
| FY2024 | 3 | $97K | $30K | 4 | $804K | 7 | 33 |
| FY2023 | 6 | $2.2M | $358K | 1 | — | 7 | 246 |
| FY2022 | 6 | $1.4M | $248K | 5 | $647K | 11 | 54 |
| FY2021 | 4 | $4.3M | $288K | 6 | $1.1M | 10 | 36 |
| FY2020 | 5 | $3.1M | $210K | 3 | $684K | 8 | 52 |
| FY2019 | 2 | — | — | 3 | $485K | 5 | 6 |
| FY2018 | 1 | — | — | 3 | $478K | 4 | 9 |
| FY2017 | 6 | $1.2M | $48K | 0 | — | 6 | 99 |
| FY2016 | 7 | $561K | $25K | 2 | — | 9 | 21 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 32 approvals.
Against New Hampshire and the country
| FY2021–FY2025 | Sullivan County | New Hampshire | United States |
|---|---|---|---|
| Approvals | 46 | 2,873 | 342,825 |
| Approvals per 1,000 establishments | 48.1 | 73.1 | 41.0 |
| Median 7(a) approval | $225K | $100K | $190K |
| Median 504 approval | $151K | $320K | $657K |
| Average approval | $332K | $333K | $573K |
| 504 share of approvals | 37.0% | 17.1% | 11.0% |
| Jobs supported per approval, as reported | 9.6 | 8.0 | 10.5 |
| Share of state approvals | 1.6% | 100.0% | — |
Approval sizes
- $50,000 or less15.2%7
- $50,001 to $150,00032.6%15
- $150,001 to $350,00032.6%15
- $350,001 to $1 million15.2%7
- $1 million to $2 million2.2%1
- Over $2 million2.2%1
Age of the businesses
- Existing, more than 2 years old52.2%24
- New business, 2 years or less19.6%9
- Startup, loan funds will open the business19.6%9
- Change of ownership8.7%4
Questions and answers
Which lenders make the most SBA loans in Sullivan County?
By approvals in FY2021 to FY2025: Granite State Economic Development Corporation (14), Claremont Savings Bank (6), Bar Harbor Bank & Trust (5), Live Oak Banking Company (4), Bay Colony Development Corporation (2). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Sullivan County?
The median 7(a) approval was $225K and the median 504 approval $151K; the New Hampshire 7(a) median was $100K.
Which industries get the most SBA loans in Sullivan County?
Other Specialty Trade Contractors (5); Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (4); Other Amusement and Recreation Industries (3); Automotive Repair and Maintenance (3); Residential Building Construction (3).
Is SBA lending in Sullivan County rising?
Approvals in the three latest complete fiscal years total 25, against 29 in the three before: falling (-14%).
How does Sullivan County compare with the rest of New Hampshire?
48.1 approvals per 1,000 establishments against 73.1 statewide, and 46 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