Lending data
Who actually lends to retail businesses in New Hampshire?
175 SBA 7(a) loans went to retail businesses in New Hampshire recently, at a median of $75,000. Here are the lenders that made them, ranked.
175 SBA 7(a) loans went to retail businesses in New Hampshire in the most recent fiscal years. The median was $75,000 over 10 years. The most active lender was TD Bank, with 39 loans.
What lending to retail businesses in New Hampshire actually looks like
Every figure on this page is computed from SBA 7(a) loan-level FOIA data released 2026-06-30. It reflects loans that were actually approved, not rate cards or advertised ranges.
| Measure | Retail, New Hampshire | All 7(a) borrowers |
|---|---|---|
| Loans approved | 175 | 214,102 |
| Median loan | $75,000 | $150,000 |
| 25th - 75th percentile | $30,000 - $200,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 9.75% | 10.25% |
| Share to startups | 30.3% | 33.6% |
| Charge-off rate, FY2010-19 cohort | 9.1% | 7.1% |
Which lenders actually funded them
Ranked by loans approved to retail businesses in New Hampshire. This is the list worth working from, because a lender that has funded dozens of businesses like yours in your state has seen your file before.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| TD Bank | 39 | $45,000 | 41% | 10.80% |
| Manufacturers and Traders Trust Company | 17 | $65,000 | 47% | 12.00% |
| Eastern Bank | 10 | $50,000 | 10% | 11.49% |
| Bangor Savings Bank | 9 | $80,000 | 44% | 8.88% |
| Camden National Bank | 9 | $81,300 | 33% | 9.00% |
| Meredith Village Savings Bank | 9 | $85,000 | 0% | 10.50% |
| Bar Harbor Bank & Trust | 8 | $35,000 | 62% | 7.91% |
| St. Mary's Bank | 7 | $75,000 | 0% | 7.47% |
| Merrimack County Savings Bank | 6 | $53,000 | 33% | 9.12% |
| Rockland Trust Company | 5 | $224,000 | 60% | 7.25% |
What stands out in this market
Reading the figures above against the national picture:
- Loans here run smaller than average. The median of $75,000 is 50% below the $150,000 national median. Smaller loans price higher under the SBA spread caps, so budget for a rate above the headline range.
- Startup share is about average, at 30% against 34% nationally.
- No single lender dominates, but the top three made 38% of these loans, so the shortlist below covers most of the active market.
- Rates run lower here. The median initial rate of 9.75% is 0.50 points below the 10.25% national median, which usually tracks loan size and perceived sector risk rather than geography.
- Lenders have been burned here before. 9.1% of loans to this market from the FY2010-2019 cohorts were charged off, against 7.1% overall. That history is why underwriting in this sector is tighter than the numbers alone would suggest — it is not personal.
Which of them lend to new businesses
Of those loans, 30.3% went to businesses the SBA classes as startups — new, under two years old, or opening with the proceeds. These are the lenders in this market that actually wrote them.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| TD Bank | 16 | $45,000 | 41% | 10.80% |
| Manufacturers and Traders Trust Company | 8 | $65,000 | 47% | 12.00% |
| Bar Harbor Bank & Trust | 5 | $35,000 | 62% | 7.91% |
| Bangor Savings Bank | 4 | $80,000 | 44% | 8.88% |
| Rockland Trust Company | 3 | $224,000 | 60% | 7.25% |
| Camden National Bank | 3 | $81,300 | 33% | 9.00% |
How to use this
- Shortlist three lenders from the table whose median loan is close to what you need.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year. See choosing an SBA lender.
- Check your coverage first with the affordability calculator so you ask for a number the cash flow supports.
- Assemble the package before you call. The document checklist is the single biggest thing you control.
Compare other markets
- Other sectors in New Hampshire: construction, restaurants and hotels, personal services, admin services, professional services, healthcare
- Retail in comparable states: Alabama, Louisiana, Kentucky, Kansas, Oklahoma, Iowa