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Granite State Development Corporation logo

Granite State Development Corporation

Listed
Direct business lender for sBA 504 loans and commercial real estate loansPortsmouth, New HampshireBased in New Hampshire; service area not yet provided
BBLL 000531Listed Nov 2026From public recordsLast checked Nov 1, 2026
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About

Granite State Development Corporation provides SBA 504 financing for business property and equipment projects in its New England service markets.

Direct business lender. Directly funds business financing; products and terms depend on the lender.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

SBA 504 loansCommercial real estate loansEquipment financing
General small business
From the lender's own site and public records.

A second look at Granite State Development Corporation

Granite State Development Corporation provides SBA 504 financing for business property and equipment projects in its New England service markets.

Granite State Development Corporation is the CDC financing provider in a 504 structure involving an independent bank and the borrower.

Published by Levr, not by Granite State Development Corporation. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

SBA 504

Asset uses
Financing is for business fixed assets, including real estate, equipment and eligible renovation, expansion or refinancing.
Term
Published terms are 20 or 25 years for real estate and 10 years for equipment.
Capital structure
Borrower equity can be as low as 10%; the participating bank holds a first lien and sets its own rate and fees.

Provider sources: Official SBA 504 programme · Official programme advantages

When it may fit

Our assessment of the published programs

  • Eligible owner-used property and equipment projects in Maine, Massachusetts, New Hampshire or Vermont.

What to weigh carefully

  • Minimum equity can rise with project risk or SBA requirements; the bank loan has separate pricing.
  • Monthly debenture rates are indicative, and veteran fee benefits need current eligibility confirmation.

Questions before you accept an offer

  1. How are the bank and CDC portions priced and secured?
  2. Does this project require more than minimum equity?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

Capital Regional Development Council

Compare Capital Regional Development Council for a New Hampshire business project and confirm its eligible loan programmes.

New Hampshire Community Loan Fund

Compare New Hampshire Community Loan Fund for community business lending where its borrower and project criteria fit.

The lender

Type
Direct business lender
Legal name
Granite State Development Corporation
Founded
1982
Charter
Not yet provided Add it
Headquarters
Portsmouth, New Hampshire
Service area
Based in New Hampshire; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
Not yet provided Add it
Also lends to consumers
Not yet provided Add it
Website
granitestatedev.com
LinkedIn
Not yet provided Add it

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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