Lenders › Connecticut Community Bank, National Association
7(a) lenderNorwalk, ConnecticutFDIC-insured bank491st of 2,184 by approvals
Connecticut Community Bank, National Association
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
In FY2021 to FY2025 SBA approved 53 7(a) loans, worth $34.0M, through Connecticut Community Bank, National Association of Norwalk, Connecticut, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 491st among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 11 approvals totalling $5.3M, down 15% on FY2024 (13). FY2026 to 30 Jun 2026 adds 11 more.
The median approval was $489K, against $190K for the 7(a) program as a whole; 13.2% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 9 states and territories and 21 counties, led by Connecticut (69.8%), Massachusetts (7.5%) and New York (5.7%). The largest industry group was finance and insurance at 20.8% of approvals, and 3.8% of approvals were to franchise businesses.
Of 50 disbursed loans approved in FY2010 to FY2021, SBA records 0 as charged off (0.0%), 30 as paid in full and 20 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 11 | $7.9M | $474K | $719K | 62 |
| FY2025 | 11 | $5.3M | $299K | $485K | 81 |
| FY2024 | 13 | $10.5M | $975K | $808K | 120 |
| FY2023 | 11 | $9.4M | $495K | $858K | 41 |
| FY2022 | 6 | $2.6M | $350K | $440K | 37 |
| FY2021 | 12 | $6.1M | $397K | $510K | 51 |
| FY2020 | 9 | $3.8M | $250K | $422K | 63 |
| FY2019 | 10 | $5.4M | $428K | $543K | 144 |
| FY2018 | 11 | $13.9M | $833K | $1.3M | 229 |
| FY2017 | 12 | $8.7M | $304K | $723K | 247 |
| FY2016 | 0 | — | — | — | 0 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 42 approvals. First approval on file: FY2017.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Connecticut | 7(a) program |
|---|---|---|---|
| Approvals in these years | 54 | 7,226 | 639,905 |
| Cancelled or never disbursed | 4 | 963 | 79,313 |
| Disbursed loans | 50 | 6,263 | 560,592 |
| Paid in full | 30 | 4,827 | 435,813 |
| Charged off | 0 | 397 | 36,891 |
| Still outstanding (status exempt from disclosure) | 20 | 1,039 | 87,888 |
| Charged off, share of disbursed loans | 0.0% | 6.3% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.0% | 2.8% | 2.5% |
| Dollars charged off | $0 | $56.3M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 11 | 6 | 0 | — | 2.8% |
| FY2020 | 9 | 5 | 0 | — | 4.0% |
| FY2019 | 8 | 4 | 0 | — | 6.7% |
| FY2018 | 11 | 7 | 0 | — | 7.9% |
| FY2017 | 11 | 8 | 0 | — | 7.7% |
| FY2016 | 0 | 0 | 0 | — | 7.2% |
| FY2015 | 0 | 0 | 0 | — | 6.9% |
| FY2014 | 0 | 0 | 0 | — | 6.4% |
| FY2013 | 0 | 0 | 0 | — | 6.0% |
| FY2012 | 0 | 0 | 0 | — | 6.3% |
| FY2011 | 0 | 0 | 0 | — | 6.9% |
| FY2010 | 0 | 0 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $489K | $190K |
| Average approval | $642K | $518K |
| Approvals of $150,000 or less | 13.2% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 34.0% | 34.3% |
| Approvals to franchise businesses | 3.8% | 11.5% |
| Jobs supported per approval, as reported | 6.2 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 0.0% | 6.6% |
States served
| # | State of the business (9 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Connecticut | 37 | $23.9M | 69.8% | |
| 2 | Massachusetts | 4 | $3.3M | 7.5% | |
| 3 | New York | 3 | $2.2M | 5.7% | |
| 4 | Utah | 3 | $2.1M | 5.7% | |
| 5 | Alabama | 2 | — | 3.8% | |
| 6 | Georgia | 1 | — | 1.9% | |
| 7 | Oklahoma | 1 | — | 1.9% | |
| 8 | Delaware | 1 | — | 1.9% | |
| 9 | Rhode Island | 1 | — | 1.9% |
In Connecticut the lender accounts for 0.9% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (21 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Western Connecticut Planning Region, CT | 15 | $11.9M | 28.3% | |
| 2 | Fairfield County, CT | 9 | $4.3M | 17.0% | |
| 3 | Capitol Planning Region, CT | 4 | $2.8M | 7.5% | |
| 4 | Utah County, UT | 3 | $2.1M | 5.7% | |
| 5 | Greater Bridgeport Planning Region, CT | 3 | $1.7M | 5.7% | |
| 6 | South Central Connecticut Planning Region, CT | 3 | $1.6M | 5.7% | |
| 7 | Norfolk County, MA | 2 | — | 3.8% | |
| 8 | Gwinnett County, GA | 1 | — | 1.9% | |
| 9 | Suffolk County, NY | 1 | — | 1.9% | |
| 10 | Hartford County, CT | 1 | — | 1.9% | |
| 11 | Rockland County, NY | 1 | — | 1.9% | |
| 12 | Plymouth County, MA | 1 | — | 1.9% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Finance and Insurance | 11 | 20.8% | |
| 2 | Accommodation and Food Services | 8 | 15.1% | |
| 3 | Arts, Entertainment, and Recreation | 7 | 13.2% | |
| 4 | Other Services (except Public Administration) | 7 | 13.2% | |
| 5 | Wholesale Trade | 5 | 9.4% | |
| 6 | Professional, Scientific, and Technical Services | 4 | 7.5% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 3 | 5.7% | |
| 8 | Retail Trade | 3 | 5.7% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 11 | 20.8% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 8 | 15.1% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 7 | 13.2% | |
| 4 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 4 | 7.5% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 3 | 5.7% | |
| 6 | Furniture and Home Furnishing Merchant WholesalersNAICS 4232 | 3 | 5.7% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 5.7% | |
| 8 | Motor Vehicle and Motor Vehicle Parts and Supplies Merchant WholesalersNAICS 4231 | 2 | 3.8% | |
| 9 | Building Equipment ContractorsNAICS 2382 | 2 | 3.8% | |
| 10 | Personal Care ServicesNAICS 8121 | 2 | 3.8% |
Approval sizes
- $50,000 or less1.9%1
- $50,001 to $150,00011.3%6
- $150,001 to $350,00028.3%15
- $350,001 to $1 million34.0%18
- $1 million to $2 million20.8%11
- Over $2 million3.8%2
Loan terms
- 5 years or less7.5%4
- Over 5 to 10 years56.6%30
- Over 10 to 20 years18.9%10
- Over 20 years17.0%9
Age of the businesses
- Existing, more than 2 years old64.2%34
- New business, 2 years or less22.6%12
- Startup, loan funds will open the business11.3%6
- Change of ownership1.9%1
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 44 | 83.0% | |
| 2 | SBA Express Program | 6 | 11.3% | |
| 3 | Working Capital CAPLine | 3 | 5.7% |
Franchise share
2 of 53 approvals in FY2021–FY2025 (3.8%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Bark Busters | 1 | 1.9% | |
| 2 | Midas | 1 | 1.9% |
Questions and answers
How many SBA loans does Connecticut Community Bank, National Association make?
SBA approved 11 7(a) loans through Connecticut Community Bank, National Association in FY2025, worth $5.3M, and 53 over FY2021 to FY2025. That ranks 491st of 2,184 active 7(a) lenders by number of approvals.
How large are Connecticut Community Bank, National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $489K and the average $642K. The program-wide median was $190K.
What is Connecticut Community Bank, National Association's charge-off rate?
Of 50 disbursed loans approved in FY2010 to FY2021, SBA records 0 as charged off (0.0%), 30 as paid in full and 20 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Connecticut Community Bank, National Association lend to most?
By number of approvals in FY2021 to FY2025: agencies, brokerages, and other insurance related activities (11); restaurants and other eating places (8); other amusement and recreation industries (7); accounting, tax preparation, bookkeeping, and payroll services (4).
Where does Connecticut Community Bank, National Association make SBA loans?
In 9 states and territories. Connecticut 37, Massachusetts 4, New York 3, Utah 3, Alabama 2. In Connecticut it accounts for 0.9% of all 7(a) approvals.
Is Connecticut Community Bank, National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 35, against 27 in the three before: rising (+30%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error