Lending data
Who actually lends to wholesale businesses in New Hampshire?
48 SBA 7(a) loans went to wholesale businesses in New Hampshire recently, at a median of $150,000. Here are the lenders that made them, ranked.
48 SBA 7(a) loans went to wholesale businesses in New Hampshire in the most recent fiscal years. The median was $150,000 over 10 years. The most active lender was St. Mary's Bank, with 6 loans.
What lending to wholesale 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 | Wholesale trade, New Hampshire | All 7(a) borrowers |
|---|---|---|
| Loans approved | 48 | 214,102 |
| Median loan | $150,000 | $150,000 |
| 25th - 75th percentile | $75,000 - $665,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 9.25% | 10.25% |
| Share to startups | 16.7% | 33.6% |
| Charge-off rate, FY2010-19 cohort | 6.0% | 7.1% |
Which lenders actually funded them
Ranked by loans approved to wholesale 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 |
|---|---|---|---|---|
| St. Mary's Bank | 6 | $225,000 | 0% | 7.28% |
| Eastern Bank | 6 | $100,000 | 33% | 10.12% |
| Primary Bank | 4 | $130,000 | 0% | 8.25% |
| TD Bank | 4 | $26,500 | 50% | 12.15% |
| Beacon Bank and Trust | 4 | $1,094,000 | 25% | 9.25% |
| Rockland Trust Company | 3 | $1,640,000 | 0% | 5.99% |
| Merrimack County Savings Bank | 3 | $750,000 | 0% | 8.75% |
| Bank of New Hampshire | 2 | $175,000 | 0% | 7.88% |
| The Huntington National Bank | 2 | $2,400,000 | 0% | 9.07% |
| Citizens Bank | 2 | $2,187,500 | 100% | 8.40% |
What stands out in this market
Reading the figures above against the national picture:
- Loan sizes are typical. The median of $150,000 is within a few percent of the $150,000 national median across all 7(a) borrowers, so nothing about this market is unusual on size.
- This is a hard market for new businesses. Only 17% of these loans went to startups, against 34% nationally. If you are pre-revenue, work from the startup table below rather than the main list.
- No single lender dominates, but the top three made 33% of these loans, so the shortlist below covers most of the active market.
- Rates run lower here. The median initial rate of 9.25% is 1.00 points below the 10.25% national median, which usually tracks loan size and perceived sector risk rather than geography.
Which of them lend to new businesses
Of those loans, 16.7% 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 | 2 | $26,500 | 50% | 12.15% |
| Eastern Bank | 2 | $100,000 | 33% | 10.12% |
| Citizens Bank | 2 | $2,187,500 | 100% | 8.40% |
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, retail, admin services, professional services
- Wholesale in comparable states: Iowa, Alabama, Oklahoma, Kansas, Nebraska, Idaho