States › New Hampshire
State0.8% of US approvals119 lenders active
SBA loans in New Hampshire
7(a) and 504 approvals by fiscal year, the lenders behind them, and where in the state they went. Pick a fiscal year for that year's lenders and counties.
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 New Hampshire received 2,873 SBA loan approvals worth $958M in FY2021 to FY2025, 2,382 of them 7(a) loans and 491 504 loans.
That is 73.1 approvals for every 1,000 business establishments in the state, against 41.0 nationally, and 0.8% of all approvals in the country (29th of 54 states and territories).
In FY2025 there were 683 approvals totalling $259M, about level with FY2024. The median 7(a) approval over the five years was $100K and the median 504 approval $320K.
119 lenders had at least one approval in the state; by number of 7(a) approvals the most active were TD Bank, National Association (536), Primary Bank (127) and Meredith Village Savings Bank (122).
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, SBA records 4.9% as charged off, against 6.6% nationally.
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.
Most active 7(a) lenders in New Hampshire
Ranked by number of approvals to businesses in the state, FY2021–FY2025. The column of bars shows each lender's approvals here in every fiscal year; the charged-off column is the lender's nationwide figure.
| # | Lender | Approvals in NH, FY2021–25 | Dollars | Share | Median approval, all states | FY2016–26 | Charged off, FY2010–21 loans |
|---|---|---|---|---|---|---|---|
| 1 | TD Bank, National AssociationWilmington, DE | 536 | $70.8M | 22.5% | $50K | 14.4% | |
| 2 | Primary BankBedford, NH | 127 | $50.7M | 5.3% | $170K | 2.0% | |
| 3 | Meredith Village Savings BankMeredith, NH | 122 | $14.7M | 5.1% | $60K | 4.6% | |
| 4 | Manufacturers and Traders Trust CompanyBuffalo, NY | 120 | $24.9M | 5.0% | $50K | 8.0% | |
| 5 | Eastern BankBoston, MA | 110 | $19.0M | 4.6% | $78K | 6.7% | |
| 6 | Camden National BankCamden, ME | 100 | $10.4M | 4.2% | $60K | 4.6% | |
| 7 | Merrimack County Savings BankConcord, NH | 95 | $18.8M | 4.0% | $88K | 1.5% | |
| 8 | Rockland Trust CompanyRockland, MA | 86 | $29.9M | 3.6% | $200K | 3.0% | |
| 9 | Bar Harbor Bank & TrustBar Harbor, ME | 79 | $10.4M | 3.3% | $73K | 2.6% | |
| 10 | Service FCUPortsmouth, NH | 79 | $4.8M | 3.3% | $44K | — | |
| 11 | St. Mary's BankManchester, NH | 67 | $14.1M | 2.8% | $100K | 0.6% | |
| 12 | Bangor Savings BankBangor, ME | 60 | $12.7M | 2.5% | $125K | 2.6% | |
| 13 | Live Oak Banking CompanyWilmington, NC | 51 | $57.7M | 2.1% | $850K | 2.2% | |
| 14 | Newburyport Five Cents Savings BankNewburyport, MA | 42 | $8.2M | 1.8% | $100K | 0.0% | |
| 15 | Northeast BankLewiston, ME | 41 | $8.0M | 1.7% | $106K | 12.8% | |
| 16 | The Huntington National BankColumbus, OH | 37 | $15.1M | 1.6% | $92K | 5.7% | |
| 17 | Bank of New HampshireLaconia, NH | 35 | $4.1M | 1.5% | $100K | 3.8% | |
| 18 | Newtek Bank, National AssociationMiami, FL | 32 | $13.6M | 1.3% | $225K | — | |
| 19 | Savings Bank of WalpoleWalpole, NH | 31 | $8.9M | 1.3% | $118K | 0.0% | |
| 20 | BayFirst National BankSaint Petersburg, FL | 30 | $5.6M | 1.3% | $150K | 19.2% | |
| 21 | Triangle CUNashua, NH | 29 | $4.0M | 1.2% | $83K | 2.1% | |
| 22 | Kennebunk Savings BankKennebunk, ME | 27 | $7.6M | 1.1% | $203K | 1.3% | |
| 23 | Readycap Lending, LLCBerkeley Heights, NJ | 26 | $10.2M | 1.1% | $138K | 4.3% | |
| 24 | Needham BankNeedham, MA | 22 | $7.6M | 0.9% | $100K | 2.5% | |
| 25 | Newtek Small Business Finance, Inc.Lake Success, NY | 21 | $20.6M | 0.9% | $300K | 6.8% | |
| 26 | Citizens Bank, National AssociationProvidence, RI | 20 | $17.1M | 0.8% | $350K | 4.0% | |
| 27 | Beacon Bank and TrustBrookline, MA | 19 | $18.4M | 0.8% | $630K | 4.6% | |
| 28 | Celtic Bank CorporationSalt Lake City, UT | 14 | $8.3M | 0.6% | $150K | 17.0% | |
| 29 | United Midwest Savings Bank National AssociationDe Graff, OH | 14 | $3.9M | 0.6% | $150K | 15.9% | |
| 30 | NBT Bank, National AssociationNorwich, NY | 14 | $2.8M | 0.6% | $200K | 5.7% | |
| 31 | Lighthouse Federal Credit UnionDover, NH | 14 | $2.1M | 0.6% | $100K | — | |
| 32 | Bank of America, National AssociationCharlotte, NC | 12 | $5.4M | 0.5% | $300K | 2.6% | |
| 33 | Pentucket BankHaverhill, MA | 12 | $2.6M | 0.5% | $250K | 2.4% | |
| 34 | Customers BankMalvern, PA | 11 | $13.2M | 0.5% | $500K | 6.8% | |
| 35 | Wells Fargo Bank National AssociationSioux Falls, SD | 11 | $10.1M | 0.5% | $15K | 7.9% | |
| 36 | First Seacoast BankDover, NH | 11 | $7.1M | 0.5% | $297K | 0.0% | |
| 37 | Strafford Economic Development CorporationDover, NH | 11 | $1.1M | 0.5% | $105K | — | |
| 38 | KeyBank National AssociationCleveland, OH | 10 | $7.8M | 0.4% | $75K | 4.3% | |
| 39 | Union BankMorrisville, VT | 10 | $680K | 0.4% | $50K | 1.3% | |
| 40 | Byline BankChicago, IL | 9 | $13.1M | 0.4% | $806K | 9.5% |
504 certified development companies
| # | Lender | Approvals in NH, FY2021–25 | Dollars | Share | Median approval, all states | FY2016–26 | Charged off, FY2010–21 loans |
|---|---|---|---|---|---|---|---|
| 1 | Granite State Economic Development CorporationPortsmouth, NH · 504 CDC | 329 | $164M | 67.0% | $363K | 1.5% | |
| 2 | Capital Regional Development CouncilConcord, NH · 504 CDC | 63 | $39.5M | 12.8% | $393K | 0.9% | |
| 3 | Bay Colony Development CorporationWaltham, MA · 504 CDC | 59 | $42.7M | 12.0% | $417K | 1.3% | |
| 4 | New England Certified Development CorporationWakefield, MA · 504 CDC | 39 | $23.9M | 7.9% | $499K | 0.8% | |
| 5 | Worcester Business Development CorporationWorcester, MA · 504 CDC | 1 | — | 0.2% | $378K | 1.7% |
Fiscal-year ledger
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 351 | $118M | $80K | 46 | $29.6M | 397 | 3,094 |
| FY2025 | 605 | $196M | $100K | 78 | $62.8M | 683 | 5,024 |
| FY2024 | 587 | $130M | $75K | 80 | $33.0M | 667 | 4,400 |
| FY2023 | 396 | $96.3M | $86K | 63 | $42.5M | 459 | 3,846 |
| FY2022 | 383 | $114M | $100K | 133 | $72.2M | 516 | 4,411 |
| FY2021 | 411 | $150M | $150K | 137 | $60.5M | 548 | 5,423 |
| FY2020 | 377 | $84.7M | $100K | 118 | $51.2M | 495 | 4,432 |
| FY2019 | 470 | $96.4M | $75K | 107 | $43.8M | 577 | 4,926 |
| FY2018 | 576 | $104M | $59K | 90 | $30.6M | 666 | 4,676 |
| FY2017 | 518 | $81.8M | $50K | 116 | $42.2M | 634 | 4,872 |
| FY2016 | 515 | $78.2M | $50K | 84 | $33.2M | 599 | 3,704 |
7(a) approvals504 approvals
Counties
Approvals in FY2021–FY2025 set against the Census Bureau's count of business establishments. Counties with at least 30 approvals have their own page.
| # | County | Approvals | Dollars | Establishments | Per 1,000 establishments | By fiscal year |
|---|---|---|---|---|---|---|
| 1 | Rockingham County | 836 | $277M | 10,266 | 81.4 | |
| 2 | Hillsborough County | 728 | $272M | 11,028 | 66.0 | |
| 3 | Merrimack County | 321 | $88.7M | 4,213 | 76.2 | |
| 4 | Strafford County | 246 | $97.0M | 2,729 | 90.1 | |
| 5 | Grafton County | 181 | $61.2M | 2,920 | 62.0 | |
| 6 | Belknap County | 176 | $50.6M | 1,905 | 92.4 | |
| 7 | Carroll County | 169 | $44.3M | 1,896 | 89.1 | |
| 8 | Cheshire County | 126 | $35.9M | 2,001 | 63.0 | |
| 9 | Sullivan County | 46 | $15.3M | 956 | 48.1 | |
| 10 | Coos County | 44 | $15.3M | 809 | 54.4 |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 262 | $84.7M | 9.1% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 166 | $27.2M | 5.8% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 124 | $38.9M | 4.3% | |
| 4 | Residential Building ConstructionNAICS 2361 | 124 | $15.1M | 4.3% | |
| 5 | Building Equipment ContractorsNAICS 2382 | 115 | $28.2M | 4.0% | |
| 6 | Other Specialty Trade ContractorsNAICS 2389 | 99 | $23.6M | 3.4% | |
| 7 | Personal Care ServicesNAICS 8121 | 87 | $10.8M | 3.0% | |
| 8 | Other Amusement and Recreation IndustriesNAICS 7139 | 83 | $44.2M | 2.9% | |
| 9 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 78 | $17.2M | 2.7% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 74 | $12.3M | 2.6% | |
| 11 | Building Finishing ContractorsNAICS 2383 | 68 | $9.3M | 2.4% | |
| 12 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 54 | $28.4M | 1.9% | |
| 13 | General Freight TruckingNAICS 4841 | 44 | $7.5M | 1.5% | |
| 14 | Other Personal ServicesNAICS 8129 | 43 | $13.6M | 1.5% | |
| 15 | Traveler AccommodationNAICS 7211 | 38 | $39.8M | 1.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 513 | 17.9% | |
| 2 | Accommodation and Food Services | 372 | 12.9% | |
| 3 | Retail Trade | 324 | 11.3% | |
| 4 | Other Services (except Public Administration) | 302 | 10.5% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 229 | 8.0% | |
| 6 | Professional, Scientific, and Technical Services | 218 | 7.6% | |
| 7 | Manufacturing | 202 | 7.0% | |
| 8 | Health Care and Social Assistance | 188 | 6.5% | |
| 9 | Wholesale Trade | 103 | 3.6% | |
| 10 | Arts, Entertainment, and Recreation | 97 | 3.4% |
Franchise brands
| # | Brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Wrap City | 10 | 0.3% | |
| 2 | Zoo Health Club | 6 | 0.2% | |
| 3 | Hotworx | 6 | 0.2% | |
| 4 | Aroma Joe’s | 5 | 0.2% | |
| 5 | Meineke Car Care Center | 5 | 0.2% | |
| 6 | Line-X | 4 | 0.1% | |
| 7 | Ameriprise Financial | 4 | 0.1% | |
| 8 | CertaPro Painters | 4 | 0.1% | |
| 9 | Club Pilates | 4 | 0.1% | |
| 10 | The UPS Store | 4 | 0.1% |
How earlier loans turned out
| Loans approved FY2010–FY2021 | NH 7(a) | US 7(a) | NH 504 | US 504 |
|---|---|---|---|---|
| Approvals in these years | 5,844 | 639,905 | 1,267 | 85,591 |
| Cancelled or never disbursed | 653 | 79,313 | 164 | 12,514 |
| Disbursed loans | 5,191 | 560,592 | 1,103 | 73,077 |
| Paid in full | 4,401 | 435,813 | 517 | 35,491 |
| Charged off | 253 | 36,891 | 11 | 905 |
| Still outstanding (status exempt from disclosure) | 537 | 87,888 | 575 | 36,681 |
| Charged off, share of disbursed loans | 4.9% | 6.6% | 1.0% | 1.2% |
| Dollars charged off, share of disbursed dollars | 2.2% | 2.5% | 1.1% | 0.9% |
| Dollars charged off | $20.4M | $5.70bn | $4.9M | $499M |
Approval sizes
- $50,000 or less29.1%837
- $50,001 to $150,00027.1%780
- $150,001 to $350,00021.8%626
- $350,001 to $1 million14.7%423
- $1 million to $2 million4.2%122
- Over $2 million3.0%85
Age of the businesses
- Existing, more than 2 years old63.8%1,832
- New business, 2 years or less17.0%487
- Startup, loan funds will open the business11.1%318
- Change of ownership8.1%233
- Not answered0.1%3
Against the country
| FY2021–FY2025 | New Hampshire | United States |
|---|---|---|
| Approvals per 1,000 establishments | 73.1 | 41.0 |
| Median 7(a) approval | $100K | $190K |
| Median 504 approval | $320K | $657K |
| 504 share of approvals | 17.1% | 11.0% |
| Jobs supported per approval, as reported | 8.0 | 10.5 |
| Approvals, change on FY2016–FY2020 | -3% | 10% |
Questions and answers
Which lenders make the most SBA loans in New Hampshire?
By 7(a) approvals in FY2021 to FY2025: TD Bank, National Association (536), Primary Bank (127), Meredith Village Savings Bank (122), Manufacturers and Traders Trust Company (120), Eastern Bank (110). For 504 loans: Granite State Economic Development Corporation (329), Capital Regional Development Council (63), Bay Colony Development Corporation (59). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in New Hampshire?
The median 7(a) approval was $100K and the median 504 approval $320K; the average across both programs was $333K.
Which industries get the most SBA loans in New Hampshire?
Restaurants and Other Eating Places (262); Services to Buildings and Dwellings (166); Automotive Repair and Maintenance (124); Residential Building Construction (124); Building Equipment Contractors (115).
Which New Hampshire counties receive the most SBA loans?
Rockingham County (836), Hillsborough County (728), Merrimack County (321), Strafford County (246), Grafton County (181), by approvals in FY2021 to FY2025.
Is SBA lending in New Hampshire rising?
Approvals in the three latest complete fiscal years total 1,809, against 1,559 in the three before: rising (+16%).
What share of SBA loans in New Hampshire are charged off?
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, 4.9% are recorded as charged off (national: 6.6%); for 504 loans the figure is 1.0% (national: 1.2%). Newer loans are left out because most have not had time to reach either outcome.
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