Independent reference built on public SBA FOIA loan data. Not affiliated with the U.S. Small Business Administration.

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SBA lending by state

SBA Lending in Connecticut

In Connecticut, SBA lenders funded 6,000 7(a) and 504 loans totaling $2.7B, an average of $447K per loan. The most active lender is Community Investment Corporation, and the most-funded industry is Accommodation and Food Services.

By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31

Funded loans
6,000
Total volume
$2.7B
Average loan size
$447K

Most active SBA lenders in Connecticut

LenderLoansTotal volume
Community Investment Corporation 665 $377.7M
New England Certified Development Corporation 461 $367.8M
Webster Bank National Association 687 $223.4M
Live Oak Banking Company 133 $176.3M
Manufacturers and Traders Trust Company 912 $110.7M
Beacon Bank and Trust 88 $91.7M
Celtic Bank Corporation 76 $85.0M
Newtek Bank, National Association 171 $84.7M

Top industries funded in Connecticut

IndustryLoansTotal volume
Accommodation and Food Services 649 $406.1M
Manufacturing 532 $343.9M
Retail Trade 799 $338.0M
Health Care and Social Assistance 626 $278.4M
Construction 837 $238.9M
Other Services 583 $203.6M
Professional and Technical Services 494 $178.2M
Wholesale Trade 237 $140.8M

SBA lending in Connecticut by year

Fiscal yearLoansTotal volume
201072$35.6M
201183$45.2M
201268$33.0M
201370$42.4M
201451$39.4M
201552$37.5M
201655$35.8M
201766$33.0M
201872$46.7M
201964$40.6M
2020517$205.5M
2021718$366.4M
2022741$305.8M
2023834$362.3M
2024975$381.7M
20251,090$479.5M
2026472$191.5M
Sources and disclaimer. Figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31); see our methodology. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor.

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