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SBA Loans in Connecticut

7(a) and 504 loans approved, fiscal years 2022 to 2026

Loans approved
4,368
Amount approved
$1.81B
Jobs supported
38,363
As reported by borrowers

Counts and dollar amounts are SBA 7(a) and 504 loans approved in each federal fiscal year (October to September), from SBA's FOIA loan data. Loans are placed by the project county and the borrower's city. Borrower names are not shown. Jobs supported are the jobs borrowers reported when they applied.

Loans by fiscal year

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YearLoansAmountAverage7(a)504
FY2026 (through 06/30/2026)728$284M$390,00464979
FY20251,091$480M$439,5981,00586
FY2024975$382M$391,53390273
FY2023834$362M$434,23574490
FY2022740$306M$412,843636104

Top industries

All years shown, by amount

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IndustryLoansAmount
Hotels (except Casino Hotels) and Motels46$147M
Full-Service Restaurants387$134M
Fitness and Recreational Sports Centers120$61.25M
Electrical Contractors and Other Wiring Installation Contractors174$58.4M
Beer, Wine, and Liquor Stores121$49.14M
Janitorial Services175$42.62M
Lessors of Miniwarehouses and Self-Storage Units25$41.14M
Child Day Care Services71$40.87M
General Automotive Repair119$39.48M
All Other Specialty Trade Contractors105$38.94M

Top lenders

7(a) lenders and 504 certified development companies, by amount

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LenderLoansAmount
New England Certified Development Corporation201$196M
Webster Bank National Association508$167M
Live Oak Banking Company115$162M
Community Investment Corporation226$153M
Manufacturers and Traders Trust Company843$91.44M
Newtek Bank, National Association193$90.02M
Beacon Bank and Trust61$64.86M
Celtic Bank Corporation60$63.4M
TD Bank, National Association441$56.85M
Readycap Lending, LLC98$41.17M

By city

Cities with at least 5 loans

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CityLoansAmount
Stamford160$89.73M
Norwalk144$67.61M
Danbury114$58.53M
Waterbury85$44.71M
Westport Village61$42.38M
Milford88$37.12M
Bridgeport136$36.69M
Manchester75$36.05M
Hartford123$34.11M
West Hartford90$32.73M
New Haven113$32.54M
Shelton76$31.15M
Meriden62$29.8M
North Haven46$26.12M
East Hartford39$25.8M
Greenwich62$24.54M
New Milford43$23.87M
Bristol66$22.9M
West Haven49$21.08M
Middletown67$20.23M
Bethel50$19.43M
Newington51$19.05M
Ridgefield56$17.84M
East Haven30$16.88M
Cheshire Village38$16.56M
Norwich26$15.8M
Groton18$14.19M
Orange27$13.46M
Windsor Locks13$13.29M
Newtown36$12.79M
Colchester24$11.57M
Naugatuck24$8.96M
Plainfield Village14$8.9M
Mystic12$8.7M
New Canaan25$8.59M
Torrington37$8.57M
Litchfield10$8.2M
Putnam14$7M
Durham5$6.16M
Cos Cob8$5.42M
Danielson8$5.39M
Portland11$5.09M
Stonington8$5.05M
East Hampton9$4.77M
Terryville13$4.72M
New Britain37$4.56M
Clinton12$4.45M
Stafford Springs9$3.97M
West Simsbury5$3.38M
Weston8$3.35M
Wethersfield17$3.27M
Brooklyn8$3.2M
Oakville5$2.75M
Sandy Hook9$2.5M
Derby14$2.44M
Ansonia11$2.43M
Plantsville11$2.18M
Willimantic5$2.17M
New London16$2.15M
Watertown15$2.03M
Southport11$2.02M
Pawcatuck8$1.96M
Winsted6$1.94M
Gales Ferry11$1.79M
Thomaston11$1.55M
Niantic7$1.41M
Northford5$1.28M
Weatogue7$1.25M
Sherman10$1.22M
Waterford8$1.15M
Higganum5$1.11M
Old Greenwich5$855K
Somers6$825K
Sharon5$808K

Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data · Last updated 06/30/2026