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Some New Hampshire-based banks were among the largest lenders to “The Granite State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in New Hampshire:
Active SBA lenders in New Hampshire
| State Rank | Bank | Bank Headquarters | # of Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 1 | TD Bank | Wilmington, DE | 116 | $80,432 | 10.1% |
| 2 | Eastern Bank | Boston, MA | 55 | $140,533 | 9.3% |
| 3 | Primary Bank | Bedford, NH | 39 | $392,333 | 6.5% |
| 4 | People's United Bank | Bridgeport, CT | 26 | $227,862 | 6.3% |
| 5 | Northway Bank | Berlin, NH | 25 | $68,584 | 6.6% |
| 6 | Citizens Bank | Providence, RI | 18 | $279,389 | 7.7% |
| 7 | Bank of New Hampshire | Laconia, NH | 13 | $100,438 | 6.3% |
| 8 | Woodsville Guaranty Savings | Woodsville, NH | 10 | $157,967 | 5.5% |
| 9 | Enterprise Bank and Trust | Lowell, MA | 9 | $242,200 | 6.4% |
| 10 | Meredith Village Savings Bank | Meredith, NH | 9 | $93,322 | 7.5% |
| 11 | Triangle CU | Nashua, NH | 8 | $63,438 | 6.6% |
| 12 | Merrimack County Savings Bank | Concord, NH | 7 | $196,171 | 6.1% |
| 13 | The Provident Bank | Amesbury, MA | 6 | $755,700 | 6.1% |
| 14 | Customers Bank | Phoenixville, PA | 6 | $400,333 | 7.7% |
| 15 | First Home Bank | Saint Petersburg, FL | 6 | $136,667 | 8.1% |
| 16 | United Midwest Savings Bank | De Graff, OH | 6 | $125,000 | 8.2% |
| 17 | Bangor Savings Bank | Bangor, ME | 6 | $105,833 | 6.3% |
| 18 | Santander Bank | Wilmington, DE | 6 | $98,750 | 9.8% |
| 19 | Wells Fargo | Sioux Falls, SD | 5 | $638,200 | 6.0% |
| 20 | Bar Harbor Bank & Trust | Bar Harbor, ME | 5 | $141,800 | 6.6% |
New Hampshire PPP lenders (loans <$150,000)
| Rank | Bank | # PPP Loans |
|---|---|---|
| 1 | TD Bank | 3,063 |
| 2 | Citizens Bank | 2,792 |
| 3 | People's United Bank | 1,012 |
| 4 | Bank of America | 967 |
| 5 | Bank of New Hampshire | 731 |
| 6 | St. Mary's Bank | 684 |
| 7 | Mascoma Bank | 665 |
| 8 | Northway Bank | 592 |
| 9 | Meredith Village Savings Bank | 569 |
| 10 | Primary Bank | 560 |
New Hampshire PPP lenders (loans >$150,000)
| Rank | Bank | # PPP Loans |
|---|---|---|
| 1 | TD Bank | 436 |
| 2 | Citizens Bank | 292 |
| 3 | People's United Bank | 219 |
| 4 | Eastern Bank | 201 |
| 5 | Enterprise Bank and Trust Company | 183 |
| 6 | Primary Bank | 153 |
| 7 | Bank of New Hampshire | 144 |
| 8 | Bank of America | 127 |
| 9 | Merrimack County Savings Bank | 115 |
| 10 | Mascoma Bank | 111 |
Note: New Hampshire PPP loan activity data from the CARES Act from March – August and does not include Heals/Heroes Act PPP loans.