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Connecticut SBA Loan Data

28,141 loans totaling $7.5B across all SBA programs.

Total Loans
28,141
1992–2025
Total Volume
$7.5B
Gross approval amount
Avg Loan Size
$265K
Median: $100K
Avg Interest Rate
7.47%
Default rate: 11.3%

SBA Lending by County

Click any county to explore its loan data. Showing: Total Volume

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Counties in Connecticut

Unassigned5,211$2.4B$455K
Hartford5,743$1.3B$229K
Fairfield5,448$1.3B$240K
New Haven5,926$1.3B$213K
Litchfield1,586$336.6M$212K
New London1,564$313.7M$201K
Middlesex1,585$296.3M$187K
Windham483$129.9M$269K
Tolland575$129.4M$225K

Connecticut Loan Status

Connecticut Loan Status showing Active: 15.6%, Paid in Full: 58.8%, Charged Off: 9.5%, Cancelled: 14.9%, Committed: 1.2%
Active15.6%
Paid in Full58.8%
Charged Off9.5%
Cancelled14.9%
Committed1.2%

Note: Loans from 2023 and later may show lower default rates because they haven't had enough time to mature. Default rates typically stabilize after 5+ years.

Connecticut Annual Lending Volume

Connecticut Annual Lending Volume from 1992 to 2025

Number of Loans per Year

Number of Loans per Year from 1992 to 2025

Top Industries

Top Industries with 12 categories

Loan Size Distribution

Loan Size Distribution with 7 categories

Top Lenders in Connecticut

Webster Bank National Association3,182$791.3M$249K6.75%7.5%
Manufacturers and Traders Trust Company2,534$448.9M$177K7.98%8.7%
Northeast Bank937$414.5M$442K9.65%10.7%
TD Bank, National Association1,891$378.9M$200K9.16%9.8%
Readycap Lending, LLC697$301.3M$432K10.53%23.7%
Live Oak Banking Company233$288.0M$1.2M6.98%0.0%
Wells Fargo Bank National Association892$283.3M$318K7.72%10.1%
KeyBank National Association1,012$277.4M$274K7.22%8.5%
Newtek Small Business Finance, Inc.350$255.1M$729K6.87%5.8%
Bank of America, National Association3,086$246.6M$80K7.60%17.1%
Citizens Bank, National Association2,557$182.9M$72K6.51%13.6%
Liberty Bank975$167.7M$172K7.00%6.1%
Brookline Bank, a Division of Beacon Bank and Trust493$152.2M$309K6.06%6.3%
Ives Bank409$140.6M$344K6.77%4.8%
Celtic Bank Corporation178$138.6M$779K7.49%11.5%
Business Lenders, LLC365$117.0M$320KN/A15.5%
Newtown Savings Bank490$107.0M$218K6.22%23.3%
JPMorgan Chase Bank, National Association602$96.6M$160K7.89%13.7%
Fairfield County Bank412$96.5M$234K6.24%11.9%
Thomaston Savings Bank374$78.0M$209K5.22%7.4%
Newtek Bank, National Association154$77.7M$504K11.36%0.0%
Bankwell Bank200$74.8M$374K6.01%4.7%
Union Savings Bank540$72.9M$135K6.12%8.2%
Ion Bank166$72.1M$434K6.21%5.0%
Shoreham Bank99$64.6M$653K6.13%12.9%

Get the Data

Download the complete SBA loan summary for all 50 states + DC and territories as a CSV — including loan counts, volume, rates, and default data.

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