552
Loans Approved
$630.7M
Total Volume
$1.1M
Avg Loan Size
41
States Served
States Served
AlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNebraskaNew HampshireNew JerseyNevadaNew YorkOhioOklahomaPennsylvaniaSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsin
Top Industries Financed
- Hotels (except Casino Hotels) and Motels
- Full-Service Restaurants
- Limited-Service Restaurants
- Fitness and Recreational Sports Centers
- Snack and Nonalcoholic Beverage Bars
About Hanover Community Bank
Hanover Community Bank is an SBA-approved lender headquartered in Mineola, New York. Since 2020, they have approved 552 SBA 7(a) loans totaling $630.7M, with an average loan size of $1.1M. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 41 states.
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