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Hanover Community Bank SBA loans in New York

Short answer

SBA's loan file shows Hanover Community Bank made 141 SBA loans in New York since October 2019. 66.0% went to businesses more than two years old, against 47.6% of its loans nationally. The lender made 0.68% of New York's SBA loans, against 0.15% of loans nationwide.

SBA loans, Oct 2019 to Jun 2026
141
median loan
$500,000
dollars approved
$148.33M
went to firms over 2 years old
66.0%

This site is not Hanover Community Bank

sbaexpress.loans is not Hanover Community Bank, and Hanover Community Bank did not provide, review or pay for this page. Janover Capital LLC runs this site. Every figure on this page comes from SBA's public 7(a) loan file, not from Hanover Community Bank.

These are the 141 SBA 7(a) loans Hanover Community Bank made in New York approved October 2019 to June 2026. Each figure is set against all of its loans in the U.S. over the same period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what the lender has done and not what it will do for you. Every state page for this lender uses this same period, so the pages can be compared with each other.

How Hanover Community Bank differs in New York

What this means for you. Most of these loans went to businesses with more than two years of history, so an operating record is what Hanover Community Bank usually saw.

Established businesses

66.0% of the loans in New York went to businesses more than two years old, against 47.6% of its loans nationally.

In business more than 2 years, share of loans, Oct 2019 to Jun 2026
  • New York66.0%
  • All its U.S. loans47.6%

Share of the state's loans

Hanover Community Bank made 0.68% of the SBA loans approved in New York since October 2019, against 0.15% of loans nationwide. Its share here is 4.6 times its national share.

Share of all SBA loans, Oct 2019 to Jun 2026
  • New York0.68%
  • All its U.S. loans0.15%

We compared 9 measures with the national figure for the same period, and these are the 2 that differ clearly. The table compares every measure.

New York next to the U.S.

New York compared with all of Hanover Community Bank's U.S. loans, October 2019 to June 2026
MeasureNew YorkAll its U.S. loansReading
Lender's share of all SBA loans0.68%0.15%Clearly higher
Median loan$500,000$600,000No clear gap
Middle half of loans$250,000 to $1,360,000$296,500 to $1,636,650–
Startups (the loan opens the business)19.1%29.0%No clear gap
In business 2 years or less9.9%12.0%No clear gap
In business more than 2 years66.0%47.6%Clearly higher
Change of ownership5.0%10.8%No clear gap
SBA Express13.5%6.8%No clear gap
Lines of credit12.1%6.6%No clear gap
Median term10 years10 years–
Median spread over Prime at approval2.75 points over Prime2.75 points over Prime–

Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference.

What Hanover Community Bank lends to in New York

The 5 industries below account for 39 of the 141 loans approved October 2019 to June 2026, or 27.7%. An industry is listed when it has 5 or more of them, five at most.

Top industries in New York
IndustryLoansShare hereU.S. share
Hotels (except Casino Hotels) and Motels149.9%12.8%
Insurance Agencies and Brokerages85.7%Not in top 5
Clothing and Clothing Accessories Retailers75.0%Not in top 5
Elementary and Secondary Schools53.5%Not in top 5
Full-Service Restaurants53.5%4.0%

Share here is the industry's share of the lender's loans in this state. U.S. share is its share of all the lender's loans nationally. Not in top 5 means it is not one of the lender's five most common industries.

Other lenders in New York

Other lenders in New York with a clear difference from the national pattern, most loans first.

Other lenders in New York
LenderLoans since October 2019
TD Bank3,908
JPMorgan Chase Bank1,403
KeyBank816
Readycap Lending, LLC738
The Huntington National Bank471
Celtic Bank284
Webster Bank247
Bank of America170

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. A lender's past loans do not describe its current credit policy. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. How we build these pages.

Ask lending partners about your loan in New York

Tell us your state, loan amount and purpose, and we route your inquiry to lending partners. We are not Hanover Community Bank and cannot say whether it would lend to you.

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.

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