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SBA lender profile

Thomaston Savings Bank

Thomaston Savings Bank appears in the public SBA loan data with 175 funded 7(a) loans since FY2010, totaling $32.6M, an average of $186K per loan, and an estimated 1,417 jobs supported. Its SBA lending concentrates in Connecticut and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 4.6%. 4.0% of its 7(a) loans were processed under delegated PLP authority.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Track record 64
Scale 55
Activity 36
Consistency 79

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
175
Since FY2010
Total volume
$32.6M
Average loan size
$186K
7(a) charge-off rate
4.6%
Share of 7(a) loans charged off
Jobs supported (reported)
1,417
Programs
7(a)

Is Thomaston Savings Bank the right lender for you?

Lenders fund what they know. Thomaston Savings Bank's SBA lending concentrates in Connecticut (174 loans) and Manufacturing (32 loans), at an average loan of $186K. If your business does not look like that, a different SBA lender is likely the better fit.

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Bank profile

via FDIC
Total assets
$1.9B
Headquarters
Thomaston, CT
FDIC cert
#18258
Status
Active

Where Thomaston Savings Bank lends

Top states by funded SBA volume.

StateLoansTotal volume
Connecticut 174 $32.4M
California 1 $150K

What Thomaston Savings Bank funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Manufacturing 32 $9.4M
Construction 39 $9.3M
Retail Trade 23 $3.5M
Accommodation and Food Services 16 $3.0M
Other Services 15 $1.4M
Administrative and Support 12 $1.3M

Thomaston Savings Bank SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20108$875K
201111$1.6M
201219$1.9M
201324$2.7M
201418$1.9M
201514$2.3M
201610$2.2M
201714$2.5M
20186$559K
20196$3.0M
202012$1.8M
202122$7.9M
20222$345K
20234$1.2M
20254$1.4M
20261$341K

Related SBA lenders

Other lenders active in Connecticut or in Manufacturing.

Comparing lenders? See how to choose an SBA lender by track record.

Thomaston Savings Bank: frequently asked questions

Does Thomaston Savings Bank offer SBA loans?

Yes. Thomaston Savings Bank appears in the public SBA data with 175 funded SBA 7(a) loans totaling $32.6M.

How many SBA loans has Thomaston Savings Bank made?

Thomaston Savings Bank is associated with 175 SBA 7(a) loans totaling $32.6M in the public SBA data (as of 2026-03-31).

What is Thomaston Savings Bank's SBA charge-off rate?

About 4.6% of Thomaston Savings Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.

Where does Thomaston Savings Bank do most of its SBA lending?

Thomaston Savings Bank's SBA lending in the data is most concentrated in Connecticut, and by industry in Manufacturing.

Is Thomaston Savings Bank an SBA Preferred Lender (PLP)?

The loan record shows Thomaston Savings Bank operating under PLP delegated authority: 7 of its 7(a) loans (4.0%) were processed through the Preferred Lenders Program, including 3 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.

For Thomaston Savings Bank

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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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 Thomaston Savings Bank's 7(a) loans marked charged off (504 loans do not report charge-off status); 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.
Cite this analysis

Mario Bailey. (2026). Thomaston Savings Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/thomaston-savings-bank/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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