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SBA Loan Approvals as of 6/30/25 103
SBA Loans Total Approval Amount as of 6/30/25 $106,587,300
Average SBA Loan Size as of 6/30/25 $1,034,828
Average SBA Loan Rate over Prime (Prime is 7%) 2.58
Hanover Community Bank (NY)

Unlock Your Financial Potential with Hanover Community Bank (NY)

Hanover Community Bank, headquartered in Mineola, New York, is a relationship-driven financial institution that provides small and mid-sized businesses with personalized lending solutions and expert SBA financing. With a strong presence across Long Island and the greater New York City metropolitan area, Hanover combines community banking values with the resources of a growing regional institution to help entrepreneurs achieve their financial goals.

Key Features of Hanover Community Bank

  • Comprehensive Business Banking: Business checking and savings accounts, treasury management, merchant services, and digital banking tools to help business owners manage their finances efficiently.
  • SBA Loan Expertise: Hanover Community Bank participates in SBA 7(a) and 504 loan programs, providing flexible, long-term financing for working capital, equipment, real estate purchases, or business acquisitions.
  • Local Decision-Making: Lending decisions are made locally by experienced New York-based bankers who understand the region’s industries, including real estate, hospitality, healthcare, and professional services.
  • Tailored Commercial Lending Solutions: In addition to SBA loans, Hanover offers business term loans, commercial mortgages, and lines of credit designed to meet the unique needs of small and growing businesses.
  • Commitment to Community and Growth: Hanover is deeply committed to supporting New York’s small business economy, promoting entrepreneurship, and helping local communities prosper.

Why Choose Hanover Community Bank for SBA Loans?

Hanover Community Bank delivers the perfect balance of personalized service and financial expertise. Its SBA lending team guides business owners through every step of the process, ensuring clarity, quick approvals, and flexible terms. Whether you’re expanding operations, purchasing property, or refinancing existing debt, Hanover provides the capital and partnership needed to help your business thrive.

How to Get Started

Ready to grow your business with an SBA loan or other financing option? Visit the Hanover Community Bank Business Banking page to explore available SBA programs, review eligibility, and connect with a local SBA lending expert.

Empower your financial future today with Hanover Community Bank — where New York businesses find trusted partners for sustainable growth.

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