Very small loans in the Lakes Region

Laconia is a micropolitan area, Belknap County in the data, and its median loan is very small. SBA approved 335 loans there across FY2017 to FY2026, $74.2 million gross, rank 223 of 928; 294 are 7(a) and 41 are 504. Laconia loans center on $75,000. Laconia sits at 0.36x of the national figure. Laconia: half of loans span $31,500 to $189,000. Laconia stands apart on median loan; Laconia clears our distinctness margin. Brands hold 8.1% of the count.

In Laconia full-service restaurant is first at 14 loans, edged by coffee shop and snack bar at 13, then automotive mechanical repair and limited-service restaurant at 11 each and fitness center at 6; 254 loans sit outside them. A coffee-shop study should test ticket size, morning against afternoon traffic and rent set against a small footprint. Count was 50 loans and $5.4 million in FY2017, the peak, sank to 16 loans in FY2020 and finished with 28 loans and $4.9 million in FY2026.

Who holds the Laconia loans

Meredith Village Savings Bank holds 78 loans and $7.8 million under 7(a), TD Bank, National Association 57 loans and $4.9 million and Bank of New Hampshire 45 loans and $4.0 million. Laconia's 504 loans are held chiefly by Granite State Economic Development Corporation (31 loans, $10.2 million), with Capital Regional Development Council far behind at 5 loans and $1.6 million. Laconia lender figures are SBA's records. Laconia names hold or held those loans. Laconia counts show volume only, and Laconia counts judge no lender or requirement.

Laconia floors and the study

Laconia cancellations after approval reached at least 11.3%. Laconia approvals span FY2017 to FY2024. Laconia withholds its ceiling for loans never disbursed. Laconia lacks loans to support it. Laconia reports no charge-off rate. Too few Laconia loans back one; Laconia is not a zero. Every Laconia rate here is a floor, as open Laconia loans may move it. Laconia places projects by county name. Laconia loses loans lacking a placeable county. Laconia's members follow the July 2023 delineation. Laconia counts all approvals, named or not. With tickets this small a Laconia study must stay proportionate, testing site demand, cost, and debt service on lean revenue, and valuing from nearby Belknap County sales. Loan Analytics prepares Laconia studies. Daniel Smith, MAI, signs each Laconia study.

SBA loans in the Laconia, NH Micro Area

Loans approved, FY2017 to FY2026	335
Gross dollars approved	$74.2 million
Median loan	$75,000
Middle half of loans, from	$31,500
Middle half of loans, to	$189,000
SBA 7(a) loans	294
SBA 504 loans	41
Franchise share of loans	8.1%
Rank among metro and micro areas by loans	223 of 928
Median loan against the national median	0.36x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	11.3%
The same, counting loans still undisbursed as cancelled (a ceiling)	withheld
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA loans approved in the Laconia, NH Micro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	50	$5.4 million
FY2018	34	$2.9 million
FY2019	31	$7.9 million
FY2020	16	$2.6 million
FY2021	36	$13.7 million
FY2022	26	$8.7 million
FY2023	23	$6.9 million
FY2024	41	$7.5 million
FY2025	50	$13.8 million
FY2026	28	$4.9 million

Loans by asset class

Asset class	Loans
Not in any of the 39 asset classes	254
Full-service restaurant	14
Coffee shop and snack bar	13
Automotive mechanical repair (car and truck)	11
Limited-service restaurant	11
Fitness center	6
Child care center	5

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Most active SBA lenders

SBA 504: lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Granite State Economic Development Corporation	31	$10.2 million
Capital Regional Development Council	5	$1.6 million
New England Certified Development Corporation	5	$886,000

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Meredith Village Savings Bank	78	$7.8 million
TD Bank, National Association	57	$4.9 million
Bank of New Hampshire	45	$4.0 million
Camden National Bank	29	$2.1 million
Live Oak Banking Company	10	$11.3 million

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Where the loans are, by county

County	Loans
Belknap County, NH	335

Counties with 5 or more loans; smaller ones are not listed.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

All assets: every 7(a) and 504 approval in the metro, including those outside the 39 asset classes.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MT-29060.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project in the Laconia, NH Micro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Feasibility Study Data for the Laconia, NH Micro Area