Best SBA lenders
Best SBA lenders in New Hampshire
The most active SBA lenders in New Hampshire, ranked from every 7(a) and 504 loan in the SBA's public record, FY2010-2026. Granite State Economic Development Corporation leads with 1,248 loans funded.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026, as of 2026-03-31
Top SBA lenders in New Hampshire
The full New Hampshire ranking, by SBA loans funded since FY2010. Every figure is in-state: each lender's loans, dollars, average loan size, and 7(a) charge-off rate cover its New Hampshire lending only, not its national book. A charge-off rate appears only when a lender has at least 20 funded 7(a) loans in New Hampshire; below that line, and on 504-only lending, it reads “not reported,” never 0%.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | Granite State Economic Development Corporation | 1,248 | $550.2M | $441K | not reported |
| 2 | TD Bank, National Association | 1,232 | $136.5M | $111K | 4.22% |
| 3 | Eastern Bank | 676 | $91.3M | $135K | 3.85% |
| 4 | Camden National Bank | 615 | $38.6M | $63K | 3.58% |
| 5 | Manufacturers and Traders Trust Company | 364 | $81.3M | $223K | 2.20% |
| 6 | Citizens Bank, National Association | 363 | $58.6M | $162K | 3.03% |
| 7 | Meredith Village Savings Bank | 353 | $36.4M | $103K | 2.55% |
| 8 | Bar Harbor Bank & Trust | 341 | $46.1M | $135K | 2.05% |
| 9 | Bank of New Hampshire | 291 | $26.9M | $92K | 2.41% |
| 10 | Merrimack County Savings Bank | 272 | $40.7M | $150K | 1.10% |
| 11 | St. Mary's Bank | 259 | $26.8M | $104K | 0.00% |
| 12 | Rockland Trust Company | 247 | $58.8M | $238K | 3.24% |
| 13 | Needham Bank | 245 | $66.6M | $272K | 3.27% |
| 14 | Primary Bank | 244 | $89.8M | $368K | 0.82% |
| 15 | Bangor Savings Bank | 235 | $39.0M | $166K | 0.85% |
| 16 | Capital Regional Development Council | 163 | $78.5M | $482K | not reported |
| 17 | Mascoma Bank | 149 | $18.1M | $121K | 5.37% |
| 18 | Triangle CU | 122 | $15.0M | $123K | 0.82% |
| 19 | Bay Colony Development Corporation | 120 | $64.4M | $537K | not reported |
| 20 | NBT Bank, National Association | 115 | $24.6M | $214K | 5.22% |
| 21 | New England Certified Development Corporation | 113 | $60.0M | $531K | not reported |
| 22 | Live Oak Banking Company | 102 | $117.8M | $1.2M | 0.00% |
| 23 | Kennebunk Savings Bank | 101 | $21.8M | $215K | 0.99% |
| 24 | Service FCU | 82 | $5.2M | $63K | 0.00% |
| 25 | Northeast Bank | 74 | $24.6M | $332K | 4.05% |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
7(a) banks vs 504 lenders (CDCs) in New Hampshire
The two SBA programs have different lenders. A 7(a) loan comes from one bank or credit union; a 504 project pairs a bank with a Certified Development Company (CDC), the nonprofit that funds the SBA-backed portion. The leaders in New Hampshire by each program's loans funded since FY2010:
- 1. TD Bank, National Association 1,232 loans
- 2. Eastern Bank 676 loans
- 3. Camden National Bank 615 loans
- 4. Manufacturers and Traders Trust Company 364 loans
- 5. Citizens Bank, National Association 363 loans
- 1. Granite State Economic Development Corporation 1,248 loans
- 2. Capital Regional Development Council 163 loans
- 3. Bay Colony Development Corporation 120 loans
- 4. New England Certified Development Corporation 113 loans
Counts are each program's funded loans in New Hampshire. How the two programs differ: 504 vs 7(a), by the data.
Where SBA lending concentrates in New Hampshire
The 3 industries with the most SBA loans in New Hampshire since FY2010, and the most active lender in each. A lender that leads your industry locally can matter more than the overall #1.
| Industry | Loans | Total funded | Most active lender |
|---|---|---|---|
| Construction | 1,451 | $214.4M | TD Bank, National Association (331 loans) |
| Retail Trade | 1,295 | $332.3M | Granite State Economic Development Corporation (175 loans) |
| Accommodation and Food Services | 1,177 | $350.5M | Granite State Economic Development Corporation (228 loans) |
Full industry, city, and yearly breakdowns: SBA lending in New Hampshire.
How this ranking works
- “Most active” means loans funded. The ranking counts every SBA 7(a) and 504 loan funded to New Hampshire businesses in the SBA's public FOIA record, FY2010–2026, as of 2026-03-31. No lender pays to appear or to rank, and activity is not a fit score: the right lender for you depends on your industry, loan size, and timeline.
- The 10-loan line. A lender enters the New Hampshire table only with at least 10 loans funded in-state, so one-off activity never reads as a track record. Industry cells above are held to at least 30 loans.
- Charge-off is 7(a)-only and needs 20+ loans. The SBA reports charge-offs on 7(a) loans, never on 504 loans. We show an in-state rate only when a lender has at least 20 funded 7(a) loans in New Hampshire; anything thinner reads “not reported,” never 0%. It is a charge-off share of funded loans to date, not a lifetime default rate.
- Name collisions are excluded, and counted. The SBA does not normalize lender names across mergers and rebrands, so one name can blend several unrelated institutions. Flagged names are never ranked on this page; each exclusion is disclosed under the table.
The exact calculations and limits: methodology.
Best SBA lenders in New Hampshire: frequently asked questions
Who is the most active SBA lender in New Hampshire?
Granite State Economic Development Corporation is the most active SBA lender in New Hampshire in the public record, with 1,248 7(a) and 504 loans funded since FY2010 ($550.2M in New Hampshire). The ranking counts loans funded, never who pays us.
Do these lenders only serve New Hampshire?
No. The ranking measures activity in New Hampshire: loans funded to New Hampshire businesses in the SBA's record. Many of these lenders are national or multi-state institutions; the loans, dollars, and charge-off figures shown are their New Hampshire lending only.
What's the difference between a 7(a) lender and a CDC?
A 7(a) lender is a bank or credit union that funds an SBA-guaranteed loan directly. A Certified Development Company (CDC) is a nonprofit that funds the SBA-backed portion of a 504 project alongside a bank. Charge-off is reported only on 7(a) loans, so a 504-only CDC shows "not reported," never 0%.
How many SBA lenders are active in New Hampshire?
66 lenders have funded at least 10 SBA loans in New Hampshire since FY2010 in the public record (as of 2026-03-31). The table above names the 25 most active of them; names that blend several same-named institutions are excluded from rankings.
Mario Bailey. (2026). Best SBA lenders in New Hampshire. SBA Loan Index. https://sbaloanindex.com/best-sba-lenders/in/nh/
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