SBA loans in Connecticut, FY2017

That fiscal year's approvals by lender and by county.

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 FY2017 (1 October 2016 to 30 September 2017) SBA approved 768 loans in Connecticut: 702 under 7(a) and 66 under 504, worth $241M.

That is about level with FY2016, when there were 745 approvals worth $237M.

Connecticut accounted for 1.1% of the 68,648 approvals nationwide that year. 67 lenders had at least one approval in the state; TD Bank, National Association had the most, 83.

768approvalsFY2016: 745

$241Mdollars approvedFY2016: $237M

$100Kmedian 7(a) approvalFY2016: $100K

67lenders with an approval

6,235jobs supported, as reported

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. Data through 30 Jun 2026.

Approvals by lender

The 40 lenders with the most approvals to Connecticut businesses in FY2017, of 67 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2016	Change
1	TD Bank, National Association	7(a)	83	$8.5M	10.8%	37	+46
2	Manufacturers and Traders Trust Company	7(a)	77	$12.5M	10.0%	102	-25
3	Webster Bank National Association	7(a)	74	$13.9M	9.6%	88	-14
4	Beacon Bank and Trust	7(a)	56	$7.3M	7.3%	98	-42
5	Liberty Bank	7(a)	47	$8.3M	6.1%	27	+20
6	Community Investment Corporation	504	31	$16.4M	4.0%	35	-4
7	New England Certified Development Corporation	504	31	$14.3M	4.0%	14	+17
8	Newtek Small Business Finance, Inc.	7(a)	29	$17.4M	3.8%	27	+2
9	Celtic Bank Corporation	7(a)	28	$13.4M	3.6%	14	+14
10	Citizens Bank, National Association	7(a)	26	$3.8M	3.4%	36	-10
11	Wells Fargo Bank National Association	7(a)	25	$10.6M	3.3%	46	-21
12	KeyBank National Association	7(a)	23	$7.6M	3.0%	15	+8
13	BayFirst National Bank	7(a)	15	$5.3M	2.0%	11	+4
14	Union Savings Bank	7(a)	15	$2.7M	2.0%	5	+10
15	JPMorgan Chase Bank, National Association	7(a)	15	$2.4M	2.0%	13	+2
16	Thomaston Savings Bank	7(a)	14	$2.5M	1.8%	10	+4
17	Community Investment Corporation	7(a)	14	$1.6M	1.8%	8	+6
18	Connecticut Community Bank, National Association	7(a)	12	$8.7M	1.6%	0	new
19	Chelsea Groton Bank	7(a)	12	$1.4M	1.6%	6	+6
20	Independence Bank	7(a)	12	$1.3M	1.6%	4	+8
21	Live Oak Banking Company	7(a)	11	$15.3M	1.4%	12	-1
22	Northeast Bank	7(a)	10	$1.4M	1.3%	9	+1
23	Ives Bank	7(a)	9	$1.8M	1.2%	5	+4
24	Customers Bank	7(a)	8	$5.8M	1.0%	0	new
25	Stearns Bank National Association	7(a)	7	$3.5M	0.9%	6	+1
26	Santander Bank, National Association	7(a)	7	$795K	0.9%	5	+2
27	Newtown Savings Bank	7(a)	6	$910K	0.8%	7	-1
28	Ion Bank	7(a)	5	$4.0M	0.7%	13	-8
29	Firstrust Savings Bank	7(a)	5	$3.5M	0.7%	1	+4
30	Banc of California	7(a)	4	$4.1M	0.5%	0	new
31	Bankwell Bank	7(a)	4	$3.7M	0.5%	10	-6
32	Torrington Savings Bank	7(a)	4	$305K	0.5%	2	+2
33	BankUnited, National Association	7(a)	3	$2.8M	0.4%	0	new
34	Bristol County Savings Bank	7(a)	3	$580K	0.4%	0	new
35	Northwest Community Bank	7(a)	3	$170K	0.4%	3	0
36	Citibank, N.A.	7(a)	3	$152K	0.4%	4	-1
37	United Midwest Savings Bank National Association	7(a)	2	—	0.3%	0	new
38	Housatonic Industrial Development Corporation	504	2	—	0.3%	3	-1
39	Happen Bank	7(a)	2	—	0.3%	3	-1
40	Bay Colony Development Corporation	504	2	—	0.3%	1	+1

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2016	Change
1	Hartford County	174	$30.9M	22.7%	188	-14
2	Fairfield County	124	$40.4M	16.1%	137	-13
3	New Haven County	122	$27.7M	15.9%	140	-18
4	Capitol Planning Region	71	$32.8M	9.2%	43	+28
5	Middlesex County	36	$9.7M	4.7%	29	+7
6	Litchfield County	36	$7.3M	4.7%	43	-7
7	South Central Connecticut Planning Region	36	$20.6M	4.7%	23	+13
8	New London County	29	$16.6M	3.8%	30	-1
9	Western Connecticut Planning Region	29	$10.2M	3.8%	18	+11
10	Greater Bridgeport Planning Region	22	$13.0M	2.9%	20	+2
11	Naugatuck Valley Planning Region	19	$11.8M	2.5%	12	+7
12	Tolland County	18	$1.2M	2.3%	23	-5
13	Lower Connecticut River Valley Planning Region	17	$5.6M	2.2%	10	+7
14	Windham County	15	$2.6M	2.0%	19	-4
15	Southeastern Connecticut Planning Region	8	$3.3M	1.0%	6	+2
16	Northwest Hills Planning Region	6	$6.2M	0.8%	3	+3
17	Northeastern Connecticut Planning Region	6	$872K	0.8%	1	+5

FY2017 against FY2016

Connecticut	FY2017	FY2016
7(a) approvals	702	690
7(a) dollars	$208M	$202M
Median 7(a) approval	$100K	$100K
504 approvals	66	55
504 dollars	$33.0M	$35.8M
Jobs supported, as reported	6,235	6,593

Questions and answers

Which lenders made the most SBA loans in Connecticut in FY2017?

TD Bank, National Association (83), Manufacturers and Traders Trust Company (77), Webster Bank National Association (74), Beacon Bank and Trust (56), Liberty Bank (47). 67 lenders had at least one approval.

How many SBA loans were approved in Connecticut in FY2017?

768: 702 under 7(a) worth $208M and 66 under 504 worth $33.0M.

Which Connecticut counties had the most SBA approvals in FY2017?

Hartford County (174), Fairfield County (124), New Haven County (122), Capitol Planning Region (71), Middlesex County (36).

When does FY2017 start and end?

The federal fiscal year 2017 runs from 1 October 2016 to 30 September 2017.

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