Best SBA Lenders in Manchester, NH (2026)
2025 FOIA data: top lenders, rates & industries for Manchester SBA loans
SBA Loans in Manchester, New Hampshire
Looking for an SBA loan in Manchester, New Hampshire? Based on 2025 FOIA data, 33 SBA 7(a) loans were funded in Manchester totaling $17.8M, supporting an estimated 353 jobs. With 16 active lenders competing for business in the Manchester market, comparing offers is essential to getting the best rate and terms.
The average SBA loan in Manchester is $539K at an average rate of 9.67%. The top lender in Manchester is The Huntington National Bank, with the most-funded industry being Other Grocery and Related Products Merchant Wholesalers. See all New Hampshire SBA lenders for statewide rankings.
SBA Loans in Manchester by Business Type
Whether you’re starting a new business in Manchester, buying an existing one, or expanding your current operation, here’s how SBA lending breaks down in your market:
Startups represent 2% of SBA loans in Manchester (1 loans funded in 2025), which tells you how comfortable local lenders are funding new ventures without established operating history. Business acquisitions account for 44% (4 loans) — if you’re looking to buy a business in Manchester, this is a proven use case for SBA financing. Existing businesses make up 26% and typically receive the most favorable terms.
Top SBA Lenders in Manchester, NH (2025 Data)
The table below ranks every SBA 7(a) lender that funded loans to Manchester businesses in 2025, ordered by total dollar volume. This data comes directly from SBA FOIA records:
| # | Lender | Volume | Loans | Avg Rate |
|---|---|---|---|---|
| 1 | The Huntington National Bank | $4.8M | 2 | 9.07% |
| 2 | Byline Bank | $4.7M | 2 | 10.25% |
| 3 | Live Oak Banking Company | $3.1M | 2 | 9.5% |
| 4 | First Internet Bank of Indiana | $1.5M | 1 | 10.25% |
| 5 | Rockland Trust Company | $858K | 3 | 7.08% |
| 6 | Bank of America, National Association | $500K | 1 | 10.5% |
| 7 | Northeast Bank | $400K | 3 | 10.5% |
| 8 | Merrimack County Savings Bank | $380K | 1 | 7.75% |
| 9 | Eastern Bank | $319K | 4 | 9.49% |
| 10 | Bangor Savings Bank | $290K | 2 | 8.12% |
The top lenders in Manchester have direct experience with local businesses and understand the Manchester market — commercial real estate values, local industry dynamics, and regional economic conditions. Pay attention to the “Avg Rate” column, as rates vary significantly between lenders. A 0.5-1.0% rate difference on a $500K loan translates to $15,000-$30,000 in savings over the life of the loan.
Don’t limit your search to banks listed above — many national SBA lenders also fund loans in Manchester and may offer better rates. An SBA loan broker like GoSBA gives you access to both local and national lenders with one application.
Get Matched with the Best SBA Lender in Manchester
One 5-minute application. 16+ lenders competing for your deal. GoSBA matches you to the best fit — free, no obligation.
Top Industries Funded in Manchester
These are the industries that received the most SBA 7(a) funding in Manchester in 2025. If your business is in one of these sectors, lenders are already familiar with your business model and may offer faster approvals:
| Industry | Loans | Volume |
|---|---|---|
| Other Grocery and Related Products Merchant Wholesalers | 2 | $4.8M |
| Plumbing, Heating, and Air-Conditioning Contractors | 2 | $4.7M |
| Industrial Machinery and Equipment Merchant Wholesalers | 1 | $2.8M |
| Landscaping Services | 1 | $1.5M |
| Employment Placement Agencies | 1 | $500K |
| Pet Care (except Veterinary) Services | 1 | $388K |
| Offices of Chiropractors | 1 | $380K |
| Coin-Operated Laundries and Drycleaners | 1 | $350K |
| Supermarkets and Other Grocery (except Convenience) Stores | 1 | $300K |
| Other Accounting Services | 1 | $295K |
Lenders with experience funding your specific industry in Manchester understand the local competitive landscape, typical revenue ranges, and seasonal patterns. This familiarity often translates to faster underwriting and more competitive terms. If your industry doesn’t appear above, SBA loans are available for nearly every legal business type — an SBA broker can match you with lenders who specialize in your sector.
How to Get an SBA Loan in Manchester
Option 1: Apply directly to one of the top Manchester lenders listed above. You’ll receive a single quote from one bank.
Option 2: Use an SBA loan broker (recommended). GoSBA Loans submits your application to multiple Manchester-active lenders and national SBA lenders simultaneously. More offers means better rates, faster approvals, and zero cost to you — lenders pay the broker fee.
Frequently Asked Questions
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Data from SBA 7(a) FOIA records, Calendar Year 2025. Visit sba.gov for official info.
