Small business loans in Manchester, NH
Short answer
The most active SBA lenders in Manchester, NH since FY2024 are TD Bank (20 loans) and Eastern Bank (12). The median loan was $101,600, and half fell between $43,750 and $250,000. For free help, see the New Hampshire Small Business Development Center. Source: SBA 7(a) loan data.
- SBA loans since FY2024
- 92
- approved since FY2024
- $39.49M
- median loan
- $101,600
- through SBA Express
- 68.5%
Lenders making SBA loans in Manchester
No lender made more than 22% of the loans in Manchester, and TD Bank made the most. The five largest lenders together made 55%.
| Lender | Loans | Share |
|---|---|---|
| TD Bank | 20 | 21.7% |
| Eastern Bank | 12 | 13.0% |
| Rockland Trust Company | 7 | 7.6% |
| Camden National Bank | 6 | 6.5% |
| Newtek Bank | 6 | 6.5% |
Share is the percent of all Manchester loans in that period. Each name links to that lender's page for New Hampshire where one exists.
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Local help near Manchester
Manchester borrowers can start with SBA's district office for New Hampshire, an SBDC or SCORE.
35% of Manchester borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.
SBA has one district office for New Hampshire. Its page points to state and federal resources and to lenders in the area. The New Hampshire Small Business Development Center gives free counseling across New Hampshire.
- SBA New Hampshire District Office (Concord)SBA district office
- New Hampshire Small Business Development CenterSmall Business Development Center
- SCORE mentors in New HampshireBusiness mentoring
Alongside SBA loans, New Hampshire runs three loan programs. The New Hampshire page describes each, and the official pages are linked here.
Loan counts and sizes in Manchester
Manchester ranks 1st by loans since FY2024 among the 4 New Hampshire cities with 100 or more SBA loans since FY2020. Nationally it is the 240th busiest of the 580 cities that reach 100 loans.
The 92 loans, 6.7% of the 1,376 in New Hampshire, were approved for $39.5 million in all. The medianThe middle figure. Half the loans were larger and half were smaller. loan was $101,600, 32% below the national median of $150,300. Half of the loans fell between $43,750 and $250,000. The Manchester median is 13% above the New Hampshire median of $90,000.
| Measure | Manchester | New Hampshire | U.S. |
|---|---|---|---|
| Loans | 92 | 1,376 | 162,355 |
| Median loan | $101,600 | $90,000 | $150,300 |
| 25th percentile | $43,750 | $40,000 | $50,000 |
| 75th percentile | $250,000 | $224,250 | $500,000 |
| Via SBA Express | 68.5% | 67.4% | 35.8% |
| Lines of credit | 41.3% | 51.0% | 28.1% |
| Startups | 10.9% | 9.6% | 16.1% |
| Ownership changes | 12.0% | 9.5% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.75 | 2.75 | 2.75 |
| Charged off | 0.0% | 1.6% | 3.6% |
A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.
89% of the loans were $500,000 or less, the size SBA Express covers. 68.5% of all loans went through SBA Express, above the national 35.8%. Lines of credit were 41.3% of loans, above the national 28.1%.
Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.
By business age, 53.3% of loans went to businesses more than two years old and 23.9% to businesses two years old or younger. Startups received 10.9% and changes of ownership 12.0%. The national startup share is 16.1%.
Fiscal years run October to September. The last bar covers nine of its twelve months.
Volume fell 29% from FY2024 (38 loans) to FY2025 (27), the two latest full years. The busiest full year in the file was FY2024, with 38 loans. FY2026 already shows 27 loans through June 30.
Of the 63 loans Manchester borrowers received in FY2020 to FY2022, 0.0% were charged offThe lender wrote the loan off as a loss because it was not being repaid. by June 30, 2026, against 3.6% nationally. That group is small, so treat the rate as rough. Lenders reported 763 jobs supported across the 92 loans since FY2024, about 8.3 per loan. SBA does not audit these estimates.
What businesses in Manchester borrow for
Full-Service Restaurants was the largest borrower group in Manchester, with 8 loans or 8.7% of the total.
| Industry | Loans | Share | U.S. share |
|---|---|---|---|
| Full-Service Restaurants | 8 | 8.7% | 4.6% |
| Limited-Service Restaurants | 5 | 5.4% | 3.3% |
Share is the percent of all Manchester loans in that period. Industry is the NAICS code on each loan. A name links to the New Hampshire page for that industry where one exists.
A typical loan payment in Manchester
The median Manchester loan was $101,600 with a median term of 10 years.
The median variable-rate loan in Manchester was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $101,600 over 10 years, principal and interest would come to about $1,329 a month. That is arithmetic on past loans, not a rate a lender is offering.
| Loan | Amount | Monthly payment |
|---|---|---|
| 25th percentile loan | $43,750 | $572 |
| Median loan | $101,600 | $1,329 |
| 75th percentile loan | $250,000 | $3,269 |
Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.
SBA's rate ceiling for this loan size
SBA's maximum for a loan of $101,600 is Prime plus 6.0 percentage points, or 13.00% today. The median variable-rate loan here was priced 3.2 points under that ceiling. Source: 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).
Manchester loans approved since FY2024 had a median starting rate of 9.75% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.
Run your own numbers: payments on a $100,000 loan and SBA Express payment calculator.
SBA 504 loans near Manchester
Manchester has 17 SBA 504 loans since FY2024, with $14.7 million in SBA and CDC dollars.
The median 504 loan in Manchester was $448,000 in SBA and CDC dollars, 9% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.
Granite State Economic Development Corporation is the Certified Development CompanyA nonprofit that SBA certifies and regulates to arrange 504 loans together with a bank. (CDC) named on the most loans since FY2020, with 14. New England Certified Development Corporation follows with 10. The four CDCs listed are named on 37 loans between them.
| Certified Development Company | 504 loans |
|---|---|
| Granite State Economic Development Corporation | 14 |
| New England Certified Development Corporation | 10 |
| Capital Regional Development Council | 8 |
| Bay Colony Development Corporation | 5 |
How a 504 loan is split
A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capitalMoney for day-to-day costs such as payroll, rent and inventory. Full definition or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a list of Certified Development Companies.
New Hampshire cities near Manchester
Manchester made up 6.7% of New Hampshire's SBA loans since FY2024.
Manchester is one of 4 New Hampshire cities with 100 or more SBA loans since FY2020. The New Hampshire page covers all 1,376 loans in New Hampshire. The closest come first, ranked by county and ZIP code on their loans.
Common questions about SBA loans in Manchester
Which lenders make the most SBA loans in Manchester?
TD Bank leads with 20 loans in Manchester since FY2024. Eastern Bank (12) and Rockland Trust Company (7) follow. Only lenders with five or more Manchester loans are counted.
Which industries get SBA loans in Manchester?
Full-Service Restaurants leads with 8 loans in Manchester since FY2024. Limited-Service Restaurants (5) follows.
How to read this
Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. How we build these pages.
Sources
- SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026
- SBA, 504 loans
- SBA, resource partners: SBDCs and SCORE
- SBA New Hampshire District Office (Concord)
- New Hampshire Small Business Development Center
- SCORE, New Hampshire
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931
- SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)
- sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)
- SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)
- 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)
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Cite this page: Small business loans in Manchester, NH. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/new-hampshire-small-business-loans/manchester/
Ask lending partners about a loan in Manchester
Tell us what you need and we refer your request to lending partners.
Janover Capital LLC is not a lender and is not the SBA. The lender makes the credit decision. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.