SBA Loans for Insurance Agencies and Brokerages in New Hampshire: Top Lenders
NAICS 524NAICS 524 covers insurance agencies and brokerages businesses in New Hampshire. Based on historical SBA 7(a) lending data.
Total Approvals
7
in New Hampshire
Median Loan Size
$120,000
per approval
Recent Activity
0
last 90 days through Jun 2024
NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 7 approvals on record and a median loan size of $120,000.
Key trends & insights
- Insurance Agencies and Brokerages in New Hampshire lending is concentrated — Eastern Bank, Merrimack County Savings Bank, United Midwest Savings Bank, National Association together account for 71% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Eastern Bank leads this industry with 2 approvals (29% market share) and a median loan of $22,500.
- Insurance Agencies and Brokerages in New Hampshire loans skew smaller than the SBA average at $120,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2024-06-24 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Insurance Agencies and Brokerages in New Hampshire
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $22,500 | |
| 2 | 2 | $149,500 | |
| 3 | 1 | $513,000 | |
| 4 | 1 | $304,000 | |
| 5 | 1 | $24,000 |
Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in New Hampshire
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-06 | United Midwest Savings Bank National Association | HIG*****LLC | LONDONDERRY, NH | $513,000 |
| 2023-11 | 22nd State Bank, A Division of 22nd State Banking Company | BIS*****NC. | NASHUA, NH | $304,000 |
| 2023-04 | Eastern Bank | DIA*****IER | CONCORD, NH | $20,000 |
| 2022-12 | TD Bank, National Association | Gra*****LLC | HAMPTON, NH | $24,000 |
| 2021-08 | Merrimack County Savings Bank | Tra*****nc. | CONTOOCOOK, NH | $120,000 |
| 2021-08 | Merrimack County Savings Bank | Rel*****LLC | CONCORD, NH | $179,000 |
| 2020-04 | Eastern Bank | DIA*****ENT | LONDONDERRY, NH | $25,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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