SBA lender profile
Nutmeg State Financial Credit Union
Nutmeg State Financial Credit Union appears in the public SBA loan data with 11 funded 7(a) loans totaling $2.4M, an average of $221K per loan, and an estimated 145 jobs supported. Its SBA lending concentrates in Connecticut and the Health Care and Social Assistance sector. Across all of its loans in the data, its charge-off rate is 18.2%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
11
Total volume
$2.4M
Average loan size
$221K
Charge-off rate
18.2%
Share of funded loans charged off
Jobs supported (reported)
145
Programs
7(a)
Where Nutmeg State Financial Credit Union lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Connecticut | 11 | $2.4M |
What Nutmeg State Financial Credit Union funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 4 | $960K |
| Other Services | 2 | $416K |
| Educational Services | 1 | $350K |
| Arts, Entertainment, Recreation | 1 | $251K |
| Accommodation and Food Services | 1 | $200K |
| Manufacturing | 1 | $150K |
Nutmeg State Financial Credit Union SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 5 | $1.0M |
| 2021 | 2 | $254K |
| 2022 | 3 | $800K |
| 2023 | 1 | $350K |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Nutmeg State Financial Credit Union's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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