Restaurant in Manchester-Nashua against the national picture

Manchester-Nashua, NH stands 73 of 821 among metro and micro areas, recording 71 SBA approvals in FY2017 through FY2026 worth $22.8 million. Share of loans for restaurant in Manchester-Nashua comes to 0.92x of the national share: Manchester-Nashua tilts away from the class. Among Manchester-Nashua's classes it ranks 1 of 39. Every project county in Manchester-Nashua lies in NH.

In Manchester-Nashua, the median loan is $138,000, and the middle half of loans runs $50,000 to $325,000. That median is 0.50x the national class median, so Manchester-Nashua tickets run lighter. 59 loans run through SBA 7(a) and 12 run through SBA 504. Manchester-Nashua has no published franchise share, since counts are thin, and Manchester-Nashua brand status stays open.

Manchester-Nashua lenders and counties behind the record

Among 7(a) loans in Manchester-Nashua, SBA records these holders 10 loans worth $936,000 at TD Bank, National Association; 7 loans worth $483,000 at Rockland Trust Company; 6 loans worth $1.1 million at Eastern Bank; and 5 loans worth $597,500 at Manufacturers and Traders Trust Company. The 504 table for Manchester-Nashua is empty. Each Manchester-Nashua row is an SBA record. The Manchester-Nashua lenders named hold or held them. Manchester-Nashua rows speak to files, not policy. Manchester-Nashua rows state no lender requirement. Across Manchester-Nashua counties, Hillsborough County, NH holds 71 loans.

Manchester-Nashua's published years show FY2018: 11 loans, $2.3 million, FY2019: 10 loans, $1.1 million, FY2020: 5 loans, $3.4 million, FY2022: 9 loans, $2.6 million, FY2023: 5 loans, $4.4 million, FY2024: 7 loans, $2.0 million, FY2025: 9 loans, $1.4 million and FY2026: 8 loans, $4.0 million. FY2017 and FY2021 are withheld for Manchester-Nashua because few loans back them, so blank years in Manchester-Nashua may hold loans. Approvals from FY2017 to FY2024 in Manchester-Nashua were cancelled afterward, at a floor of 9.3%. Manchester-Nashua carries no printed charge-off floor. In Manchester-Nashua, a thin cohort means unpublished. The Manchester-Nashua totals follow the 2023 federal list, where Manchester-Nashua loans are placed by county, while Manchester-Nashua leaves out unplaced counties.

Proving a restaurant project in Manchester-Nashua

Manchester-Nashua, NH restaurant sponsors need more than this record: a study. In Manchester-Nashua, underwriters will ask the study to address kitchen and hood build-out expense. For Manchester-Nashua, we would first examine a realistic opening date and ramp. For Manchester-Nashua, the study should address sales per seat against the rent carried. A Manchester-Nashua study begins by testing coverage through one weak quarter. In Manchester-Nashua, the study must show competing dining rooms by cuisine and price. For Manchester-Nashua: demand, cost, coverage, value. Manchester-Nashua lenders receive a file to examine.

SBA full-service restaurant loans in the Manchester-Nashua, NH Metro Area

Loans approved, FY2017 to FY2026	71
Gross dollars approved	$22.8 million
Median loan	$138,000
Middle half of loans, from	$50,000
Middle half of loans, to	$325,000
SBA 7(a) loans	59
SBA 504 loans	12
Franchise share of loans	withheld
Rank among metro and micro areas for full-service restaurant loans	73 of 821
Rank of full-service restaurant among the classes in this area	1 of 39
Location quotient (share of loans against the national share)	0.92x
Median loan against the national median for the class	0.50x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	9.3%
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 full-service restaurant loans approved in the Manchester-Nashua, NH Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	withheld	withheld
FY2018	11	$2.3 million
FY2019	10	$1.1 million
FY2020	5	$3.4 million
FY2021	withheld	withheld
FY2022	9	$2.6 million
FY2023	5	$4.4 million
FY2024	7	$2.0 million
FY2025	9	$1.4 million
FY2026	8	$4.0 million

Most active SBA lenders

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
TD Bank, National Association	10	$936,000
Rockland Trust Company	7	$483,000
Eastern Bank	6	$1.1 million
Manufacturers and Traders Trust Company	5	$597,500

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
Hillsborough County, NH	71

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.

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 MA-31700-C34.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a full-service restaurant project in the Manchester-Nashua, NH Metro 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

Restaurant Feasibility Study in the Manchester-Nashua, NH Metro Area