New Hampshire — PPP Loan Data

40,933 approved loans · $3.71B total · 97.4% forgiven

Total Loans
40,933
Total Approved
$3.71B
Avg $90,545/loan
Loans Forgiven
39,871
97.4% forgiveness rate
Amount Forgiven
$3.68B
99.2% of total
Jobs Reported
409,583
Self-reported by applicants

New Hampshire ranked among the states receiving PPP assistance during the COVID-19 pandemic. In total, the SBA approved 40,933 loans totaling $3.71B to businesses and organizations across the state. The average loan size was $90,545.

Of all approved loans, 39,871 — or 97.4% — received SBA forgiveness totaling $3.68B. Forgiveness means the borrower was not required to repay that portion, having met the program's requirements for maintaining payroll and using funds for qualified expenses such as rent, utilities, and mortgage interest.

Among the largest recipients in New Hampshire were EASTER SEALS NEW HAMPSHIRE INC ($10,000,000), NAPOLI PSC SERIES, LLC ($9,630,000), and EASTERN PROPANE GAS, INC. ($7,416,002).

Borrowers in New Hampshire reported retaining 409,583 jobs through the program, though job counts are self-reported and were not independently verified at the time of application. The state's businesses spanned a wide range of industries, from construction and hospitality to professional services and health care.

The most active industry in New Hampshire by loan count was Accommodation and Food Services with 2,668 loans totaling $305.6M. This was followed by Personal Care Services (1,756 loans).

The most active lender in New Hampshire was TD BANK, which originated 5,186 loans worth $500.5M. The top 10 lenders collectively handled a significant portion of the state's total loan volume, reflecting the role of large national banks as primary conduits for PPP funds.

Loans under $150,000 — which make up the majority of loan count — have borrower names withheld under FOIA Exemption 6. Only the approximately 0.1% of loans at or above that threshold have named recipients publicly disclosed.

Top Cities in New Hampshire

CityLoansTotal ApprovedForgiveness Rate
MANCHESTER3,323$375.1M95.9%
NASHUA2,540$270.0M96.4%
PORTSMOUTH2,050$252.0M97.9%
CONCORD1,541$202.4M98.4%
SALEM1,291$136.7M98.0%
BEDFORD1,143$122.7M98.0%
DOVER1,085$98.6M98.4%
LONDONDERRY957$104.6M97.7%
DERRY797$51.2M96.1%
KEENE760$68.2M97.9%
HAMPTON661$49.0M97.6%
MERRIMACK656$59.6M97.4%
EXETER621$47.9M98.2%
HUDSON620$74.1M96.8%
ROCHESTER609$61.9M97.5%
WINDHAM567$36.8M97.7%
LACONIA535$52.5M95.7%
HOOKSETT496$66.5M97.6%
AMHERST484$46.7M97.9%
MILFORD447$49.8M98.2%
LEBANON386$37.7M96.4%
GOFFSTOWN371$18.4M97.3%
NORTH CONWAY360$32.6M98.1%
PLAISTOW354$37.8M97.5%
PELHAM341$16.4M96.5%

Largest Named Recipients in New Hampshire

Showing loans ≥ $150,000 with publicly disclosed borrower names.

BorrowerCityIndustryAmountForgiven?
EASTER SEALS NEW HAMPSHIRE INCMANCHESTERIndividual and Family Services$10,000,000Yes
NAPOLI PSC SERIES, LLCAMHERSTAccommodation and Food Services$9,630,000Yes
EASTERN PROPANE GAS, INC.ROCHESTERGasoline Stations and Fuel Dealers$7,416,002Yes
THE GRANITE GROUP WHOLESALERS, LLCCONCORDHousehold Appliances and Electrical and Electronic Goods Merchant Wholesalers$7,369,200Yes
LITTLETON HOSPITAL ASSOCIATION, INC.LITTLETONGeneral Medical and Surgical Hospitals$7,171,952Yes
HUGGINS HOSPITALWOLFEBOROGeneral Medical and Surgical Hospitals$6,443,200Yes
AIR GENERAL INCPORTSMOUTHScheduled Air Transportation$6,421,035Yes
CONCORD REGIONAL VISITING NURSE ASSOCIATION, INC.CONCORDHome Health Care Services$6,169,200Yes
PLANESENSE, INC.PORTSMOUTHNonscheduled Air Transportation$6,135,725Yes
NEW ENGLAND FINISH SYSTEMS, LLCSALEMBuilding Finishing Contractors$6,000,000Yes
SELECT DEMO SERVICES, LLCSALEMOther Specialty Trade Contractors$6,000,000Yes
SPEARE MEMORIAL HOSPITALPLYMOUTHGeneral Medical and Surgical Hospitals$5,489,000Yes
ANDROSCOGGIN VALLEY HOSPITAL INC.BERLINGeneral Medical and Surgical Hospitals$5,179,000Yes
MICRODESK, INCNASHUAComputer Systems Design and Related Services$5,165,829Yes
RIVERBEND COMMUNITY MENTAL HEALTH, INC.CONCORDOutpatient Care Centers$5,017,927Yes
MCLANE MIDDLETON, PROFESSIONAL ASSOCIATIONMANCHESTERLegal Services$4,866,300Yes
AUTOMOTIVE SUPPLY ASSOCIATES INCCONCORDMotor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers$4,854,000Yes
CROTCHED MOUNTAIN REHABILITATION CENTER INC.GREENFIELDElementary and Secondary Schools$4,735,500Yes
WEEKS MEDICAL CENTERLANCASTERGeneral Medical and Surgical Hospitals$4,714,095Yes
T.J. MCCARTNEY, INC.NASHUABuilding Finishing Contractors$4,533,786Yes
STANLEY ELEVATOR CO INCMERRIMACKBuilding Equipment Contractors$4,519,750Yes
NESC STAFFING LLCPORTSMOUTHEmployment Services$4,500,000Yes
WICKED STAFFING SOLUTIONS, LLCBEDFORDEmployment Services$4,482,218Yes
MENTAL HEALTH CENTER GREATER MANCHESTERMANCHESTEROutpatient Care Centers$4,390,000Yes
AIRMAR TECHNOLOGY CORP.MILFORDManufacturing$4,388,005Yes

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