New Hampshire — PPP Loan Data
40,933 approved loans · $3.71B total · 97.4% forgiven
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
| City | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| MANCHESTER | 3,323 | $375.1M | 95.9% |
| NASHUA | 2,540 | $270.0M | 96.4% |
| PORTSMOUTH | 2,050 | $252.0M | 97.9% |
| CONCORD | 1,541 | $202.4M | 98.4% |
| SALEM | 1,291 | $136.7M | 98.0% |
| BEDFORD | 1,143 | $122.7M | 98.0% |
| DOVER | 1,085 | $98.6M | 98.4% |
| LONDONDERRY | 957 | $104.6M | 97.7% |
| DERRY | 797 | $51.2M | 96.1% |
| KEENE | 760 | $68.2M | 97.9% |
| HAMPTON | 661 | $49.0M | 97.6% |
| MERRIMACK | 656 | $59.6M | 97.4% |
| EXETER | 621 | $47.9M | 98.2% |
| HUDSON | 620 | $74.1M | 96.8% |
| ROCHESTER | 609 | $61.9M | 97.5% |
| WINDHAM | 567 | $36.8M | 97.7% |
| LACONIA | 535 | $52.5M | 95.7% |
| HOOKSETT | 496 | $66.5M | 97.6% |
| AMHERST | 484 | $46.7M | 97.9% |
| MILFORD | 447 | $49.8M | 98.2% |
| LEBANON | 386 | $37.7M | 96.4% |
| GOFFSTOWN | 371 | $18.4M | 97.3% |
| NORTH CONWAY | 360 | $32.6M | 98.1% |
| PLAISTOW | 354 | $37.8M | 97.5% |
| PELHAM | 341 | $16.4M | 96.5% |
Top Industries
| Industry | Loans | Total |
|---|---|---|
| Accommodation and Food Services | 2,668 | $305.6M |
| Personal Care Services | 1,756 | $41.2M |
| Residential Building Construction | 1,466 | $58.2M |
| Building Equipment Contractors | 1,307 | $132.1M |
| Services to Buildings and Dwellings | 1,229 | $60.3M |
| Management, Scientific, and Technical Consulting Services | 1,200 | $84.8M |
| Automotive Repair and Maintenance | 1,166 | $58.9M |
| Offices of Real Estate Agents and Brokers | 1,114 | $25.0M |
| Offices of Other Health Practitioners | 1,110 | $55.8M |
| Building Finishing Contractors | 1,030 | $67.4M |
Top Lenders
| Lender | Loans | Total |
|---|---|---|
| TD BANK | 5,186 | $500.5M |
| CITIZENS BANK | 5,044 | $364.1M |
| MANUFACTURERS AND TRADERS TRUST | 1,940 | $251.4M |
| BANK OF AMERICA | 1,582 | $139.9M |
| EASTERN BANK | 1,353 | $228.7M |
| BANK OF NEW HAMPSHIRE | 1,347 | $140.8M |
| ST. MARY'S BANK | 1,232 | $65.4M |
| PRIMARY BANK | 1,201 | $144.2M |
| MASCOMA BANK | 1,124 | $106.1M |
| ENTERPRISE BANK AND TRUST | 1,095 | $174.7M |
Largest Named Recipients in New Hampshire
Showing loans ≥ $150,000 with publicly disclosed borrower names.