PPP Loan Data: New Hampshire
Paycheck Protection Program statistics for New Hampshire. 44,562 loans disbursed, 1,871 unforgiven and potentially subject to enforcement.
Standard Enforcement Risk0.4% of national total
Avg: $94,244 per loan
$176M outstanding
95.8% forgiveness rate
PPP Program Overview: New Hampshire
Between April 2020 and May 2021, the U.S. Small Business Administration disbursed 44,562 Paycheck Protection Program loans in New Hampshire, totaling $4.2B. These loans supported approximately 348K jobs across the state during the COVID-19 pandemic.
Of these loans, 42,691 (95.8%) were fully forgiven. However, 1,871 loans totaling $176M remain unforgiven and are potentially subject to SBA collection, Treasury offset, or DOJ enforcement action.
This state has standard-level PPP enforcement activity.
Enforcement Risk in New Hampshire
New Hampshire has standard-level PPP enforcement activity. While enforcement is less concentrated here than in major metropolitan states, the DOJ PPP Strike Force operates nationally. Any borrower with an unforgiven loan or application discrepancies remains at risk regardless of geographic location.
The False Claims Act statute of limitations extends through 2030-2031 for PPP loans. This means new enforcement actions can still be initiated against New Hampshire borrowers for several more years. The 1,871 unforgiven loans in New Hampshire represent the most immediate enforcement targets.
New Hampshire vs. National Average
Frequently Asked Questions: PPP in New Hampshire
How many PPP loans were issued in New Hampshire?
New Hampshire received 44,562 PPP loans totaling $4.2B between April 2020 and May 2021. The average loan size was $94,244, supporting approximately 348K jobs.
How many PPP loans in New Hampshire were not forgiven?
Approximately 1,871 PPP loans in New Hampshire (4.2% of total) were not forgiven, representing $176M in outstanding obligations. These borrowers may face Treasury collection actions or SBA enforcement.
What is the PPP audit risk level in New Hampshire?
New Hampshire is classified as "Standard" enforcement risk. This state has standard-level PPP enforcement activity. Borrowers in New Hampshire with unforgiven loans or discrepancies in their applications should be aware of ongoing DOJ and SBA OIG enforcement activity.
Can I still face a PPP audit in New Hampshire in 2026?
Yes. The False Claims Act has a 6-10 year statute of limitations. Since PPP loans were issued in 2020-2021, enforcement actions can continue through 2030-2031. New Hampshire borrowers remain at risk regardless of whether their loan was forgiven.
Are You at Risk?
1,871 New Hampshire borrowers have unforgiven PPP loans. Find out your specific risk level in under 3 minutes.
Defense Resources
Other States
Cities in New Hampshire
Data Sources: U.S. Small Business Administration PPP Data Reports, PandemicOversight.gov, U.S. Treasury Department. Data reflects the full PPP program period (April 2020 – May 2021). Last updated May 2026.