States › New Hampshire › FY2023
FY20231 Oct 2022 – 30 Sep 2023
SBA loans in New Hampshire, FY2023
That fiscal year's approvals by lender and by county.
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.
In FY2023 (1 October 2022 to 30 September 2023) SBA approved 459 loans in New Hampshire: 396 under 7(a) and 63 under 504, worth $139M.
That is down 11% on FY2022, when there were 516 approvals worth $186M.
New Hampshire accounted for 0.7% of the 63,286 approvals nationwide that year. 62 lenders had at least one approval in the state; TD Bank, National Association had the most, 110.
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.
Approvals by lender
The 40 lenders with the most approvals to New Hampshire businesses in FY2023, of 62 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2022 | Change |
|---|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 7(a) | 110 | $10.8M | 24.0% | 77 | +33 |
| 2 | Granite State Economic Development Corporation | 504 | 51 | $34.8M | 11.1% | 87 | -36 |
| 3 | Service FCU | 7(a) | 19 | $871K | 4.1% | 21 | -2 |
| 4 | Bangor Savings Bank | 7(a) | 18 | $4.3M | 3.9% | 6 | +12 |
| 5 | St. Mary's Bank | 7(a) | 17 | $1.1M | 3.7% | 10 | +7 |
| 6 | Rockland Trust Company | 7(a) | 16 | $10.0M | 3.5% | 14 | +2 |
| 7 | Bar Harbor Bank & Trust | 7(a) | 16 | $1.9M | 3.5% | 9 | +7 |
| 8 | Camden National Bank | 7(a) | 16 | $1.2M | 3.5% | 21 | -5 |
| 9 | Newburyport Five Cents Savings Bank | 7(a) | 15 | $1.4M | 3.3% | 8 | +7 |
| 10 | Primary Bank | 7(a) | 13 | $4.3M | 2.8% | 40 | -27 |
| 11 | Manufacturers and Traders Trust Company | 7(a) | 12 | $557K | 2.6% | 13 | -1 |
| 12 | Eastern Bank | 7(a) | 10 | $2.0M | 2.2% | 23 | -13 |
| 13 | Merrimack County Savings Bank | 7(a) | 9 | $1.3M | 2.0% | 15 | -6 |
| 14 | Meredith Village Savings Bank | 7(a) | 9 | $1.3M | 2.0% | 15 | -6 |
| 15 | BayFirst National Bank | 7(a) | 9 | $1.2M | 2.0% | 3 | +6 |
| 16 | Savings Bank of Walpole | 7(a) | 9 | $1.2M | 2.0% | 3 | +6 |
| 17 | The Huntington National Bank | 7(a) | 8 | $2.1M | 1.7% | 5 | +3 |
| 18 | Kennebunk Savings Bank | 7(a) | 6 | $1.5M | 1.3% | 1 | +5 |
| 19 | Capital Regional Development Council | 504 | 5 | $4.7M | 1.1% | 19 | -14 |
| 20 | Live Oak Banking Company | 7(a) | 5 | $2.9M | 1.1% | 5 | 0 |
| 21 | Triangle CU | 7(a) | 5 | $1.4M | 1.1% | 13 | -8 |
| 22 | Newtek Small Business Finance, Inc. | 7(a) | 5 | $1.3M | 1.1% | 12 | -7 |
| 23 | Customers Bank | 7(a) | 4 | $3.5M | 0.9% | 2 | +2 |
| 24 | Newtek Bank, National Association | 7(a) | 4 | $2.5M | 0.9% | 0 | new |
| 25 | Citizens Bank, National Association | 7(a) | 4 | $1.9M | 0.9% | 2 | +2 |
| 26 | Bay Colony Development Corporation | 504 | 4 | $1.7M | 0.9% | 17 | -13 |
| 27 | Readycap Lending, LLC | 7(a) | 3 | $5.4M | 0.7% | 1 | +2 |
| 28 | First Seacoast Bank | 7(a) | 3 | $2.5M | 0.7% | 1 | +2 |
| 29 | New England Certified Development Corporation | 504 | 3 | $1.4M | 0.7% | 10 | -7 |
| 30 | Beacon Bank and Trust | 7(a) | 3 | $1.3M | 0.7% | 3 | 0 |
| 31 | Needham Bank | 7(a) | 3 | $907K | 0.7% | 9 | -6 |
| 32 | United Midwest Savings Bank National Association | 7(a) | 3 | $769K | 0.7% | 0 | new |
| 33 | Bank of New Hampshire | 7(a) | 3 | $225K | 0.7% | 4 | -1 |
| 34 | First Internet Bank of Indiana | 7(a) | 2 | — | 0.4% | 0 | new |
| 35 | Pentucket Bank | 7(a) | 2 | — | 0.4% | 0 | new |
| 36 | Mascoma Bank | 7(a) | 2 | — | 0.4% | 4 | -2 |
| 37 | Stearns Bank National Association | 7(a) | 2 | — | 0.4% | 0 | new |
| 38 | Colony Bank | 7(a) | 2 | — | 0.4% | 0 | new |
| 39 | Salem Five Cents Savings Bank | 7(a) | 2 | — | 0.4% | 2 | 0 |
| 40 | Bank of America, National Association | 7(a) | 2 | — | 0.4% | 2 | 0 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2022 | Change |
|---|---|---|---|---|---|---|
| 1 | Rockingham County | 134 | $43.3M | 29.2% | 167 | -33 |
| 2 | Hillsborough County | 115 | $33.4M | 25.1% | 138 | -23 |
| 3 | Merrimack County | 52 | $10.7M | 11.3% | 55 | -3 |
| 4 | Strafford County | 49 | $17.9M | 10.7% | 32 | +17 |
| 5 | Grafton County | 34 | $10.3M | 7.4% | 30 | +4 |
| 6 | Belknap County | 23 | $6.9M | 5.0% | 26 | -3 |
| 7 | Carroll County | 21 | $7.8M | 4.6% | 27 | -6 |
| 8 | Cheshire County | 20 | $5.4M | 4.4% | 23 | -3 |
| 9 | Sullivan County | 7 | $2.4M | 1.5% | 11 | -4 |
| 10 | Coos County | 4 | $560K | 0.9% | 7 | -3 |
FY2023 against FY2022
| New Hampshire | FY2023 | FY2022 |
|---|---|---|
| 7(a) approvals | 396 | 383 |
| 7(a) dollars | $96.3M | $114M |
| Median 7(a) approval | $86K | $100K |
| 504 approvals | 63 | 133 |
| 504 dollars | $42.5M | $72.2M |
| Jobs supported, as reported | 3,846 | 4,411 |
Questions and answers
Which lenders made the most SBA loans in New Hampshire in FY2023?
TD Bank, National Association (110), Granite State Economic Development Corporation (51), Service FCU (19), Bangor Savings Bank (18), St. Mary's Bank (17). 62 lenders had at least one approval.
How many SBA loans were approved in New Hampshire in FY2023?
459: 396 under 7(a) worth $96.3M and 63 under 504 worth $42.5M.
Which New Hampshire counties had the most SBA approvals in FY2023?
Rockingham County (134), Hillsborough County (115), Merrimack County (52), Strafford County (49), Grafton County (34).
When does FY2023 start and end?
The federal fiscal year 2023 runs from 1 October 2022 to 30 September 2023.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error