GOOD
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
3,708
2010–2026
Total Volume
$2.0B
Gross loan amounts
States Active
10
With recorded loans
Programs
504
3683 total segments
This lender is almost exclusively 7(a), with only 3683 deals (100% of total) going through the 504 program. If you specifically need 504 financing for real estate or equipment, look for lenders with a stronger 504 track record.
The average deal size at Granite State is $537,612, with the majority of their deals falling between $150K and $350K. If you're looking for a loan in this range, this lender could be a good fit, especially since they have a strong presence in the Northeast.
Granite State has experienced a slight decline in deal volume, with a -3% year-over-year trend. This may indicate a tightening of lending criteria, so it's important to be prepared with a strong application to improve your chances of approval.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 3,683 504 loans, which use fixed SBA debenture rates.
States where Granite State Economic Develop has recorded SBA lending activity.
+ 5 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Hotels & Accommodation
Accommodation & Food Services
Specialty Trade Contractors
Construction
Auto Repair & Maintenance
Other Services
Administrative & Waste Services
Administrative & Waste Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Other Health Practitioners
Health Care & Social Assistance
+ 7 more
All recorded SBA lending activity for Granite State Economic Develop, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Massachusetts · Restaurants & Food Service · $150K – $350K | 504 | 71 | — | $244K | Q3 2025 |
| New Hampshire · Restaurants & Food Service · $150K – $350K | 504 | 60 | — | $242K | Q4 2024 |
| Massachusetts · Restaurants & Food Service · $500K – $1M | 504 | 48 | — | $689K | Q4 2025 |
| New Hampshire · Manufacturing · $150K – $350K | 504 | 46 | — | $238K | Q4 2024 |
| Maine · Restaurants & Food Service · $150K – $350K | 504 | 44 | — | $249K | Q3 2025 |
| New Hampshire · Specialty Trade Contractors · $150K – $350K | 504 | 44 | — | $235K | Q3 2025 |
| Massachusetts · Auto Repair & Maintenance · $150K – $350K | 504 | 42 | — | $229K | Q2 2025 |
| Massachusetts · Specialty Trade Contractors · $150K – $350K | 504 | 37 | — | $244K | Q4 2024 |
| Maine · Manufacturing · $150K – $350K | 504 | 36 | — | $241K | Q4 2022 |
| New Hampshire · Manufacturing · $500K – $1M | 504 | 36 | — | $674K | Q2 2025 |
| New Hampshire · Hotels & Accommodation · $150K – $350K | 504 | 35 | — | $235K | Q4 2025 |
| Massachusetts · Restaurants & Food Service · $350K – $500K | 504 | 32 | — | $417K | Q3 2025 |
| Massachusetts · Manufacturing · $500K – $1M | 504 | 31 | — | $650K | Q1 2025 |
| New Hampshire · Specialty Trade Contractors · Under $150K | 504 | 30 | — | $102K | Q3 2024 |
| Massachusetts · Manufacturing · Under $150K | 504 | 30 | — | $95K | Q4 2025 |
| Maine · Hotels & Accommodation · $150K – $350K | 504 | 29 | — | $274K | Q1 2025 |
| Maine · Restaurants & Food Service · $500K – $1M | 504 | 29 | — | $682K | Q3 2025 |
| Maine · Hotels & Accommodation · $500K – $1M | 504 | 28 | — | $717K | Q1 2025 |
| New Hampshire · Manufacturing · Under $150K | 504 | 27 | — | $100K | Q4 2023 |
| Massachusetts · Manufacturing · $150K – $350K | 504 | 26 | — | $262K | Q3 2025 |
| New Hampshire · Restaurants & Food Service · Under $150K | 504 | 25 | — | $95K | Q3 2025 |
| Massachusetts · Manufacturing · $350K – $500K | 504 | 24 | — | $424K | Q2 2025 |
| New Hampshire · Auto Repair & Maintenance · $150K – $350K | 504 | 24 | — | $235K | Q1 2025 |
| Maine · Hotels & Accommodation · $1M – $2M | 504 | 22 | — | $1.3M | Q3 2025 |
| Maine · Hotels & Accommodation · $350K – $500K | 504 | 22 | — | $430K | Q2 2023 |
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