SBA loans in Connecticut, FY2018

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 FY2018 (1 October 2017 to 30 September 2018) SBA approved 808 loans in Connecticut: 736 under 7(a) and 72 under 504, worth $251M.

That is about level with FY2017, when there were 768 approvals worth $241M.

Connecticut accounted for 1.2% of the 66,228 approvals nationwide that year. 76 lenders had at least one approval in the state; TD Bank, National Association had the most, 113.

808approvalsFY2017: 768

$251Mdollars approvedFY2017: $241M

$100Kmedian 7(a) approvalFY2017: $100K

76lenders with an approval

6,053jobs 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 FY2018, of 76 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2017	Change
1	TD Bank, National Association	7(a)	113	$9.6M	14.0%	83	+30
2	Webster Bank National Association	7(a)	99	$32.8M	12.3%	74	+25
3	Manufacturers and Traders Trust Company	7(a)	75	$13.6M	9.3%	77	-2
4	Liberty Bank	7(a)	62	$5.5M	7.7%	47	+15
5	New England Certified Development Corporation	504	38	$33.5M	4.7%	31	+7
6	Beacon Bank and Trust	7(a)	36	$10.4M	4.5%	56	-20
7	Newtek Small Business Finance, Inc.	7(a)	35	$27.2M	4.3%	29	+6
8	Community Investment Corporation	504	30	$12.5M	3.7%	31	-1
9	KeyBank National Association	7(a)	24	$9.0M	3.0%	23	+1
10	Wells Fargo Bank National Association	7(a)	22	$5.8M	2.7%	25	-3
11	Celtic Bank Corporation	7(a)	19	$4.4M	2.4%	28	-9
12	Newtown Savings Bank	7(a)	15	$4.8M	1.9%	6	+9
13	Citizens Bank, National Association	7(a)	15	$2.2M	1.9%	26	-11
14	Jewett City Savings Bank	7(a)	15	$1.7M	1.9%	1	+14
15	JPMorgan Chase Bank, National Association	7(a)	12	$1.4M	1.5%	15	-3
16	Union Savings Bank	7(a)	11	$685K	1.4%	15	-4
17	Live Oak Banking Company	7(a)	10	$12.8M	1.2%	11	-1
18	Connecticut Community Bank, National Association	7(a)	10	$9.1M	1.2%	12	-2
19	United Midwest Savings Bank National Association	7(a)	10	$1.3M	1.2%	2	+8
20	Community Investment Corporation	7(a)	10	$1.0M	1.2%	14	-4
21	BayFirst National Bank	7(a)	9	$2.5M	1.1%	15	-6
22	Northeast Bank	7(a)	9	$1.1M	1.1%	10	-1
23	Independence Bank	7(a)	8	$825K	1.0%	12	-4
24	Chelsea Groton Bank	7(a)	7	$998K	0.9%	12	-5
25	Ives Bank	7(a)	6	$4.8M	0.7%	9	-3
26	Torrington Savings Bank	7(a)	6	$607K	0.7%	4	+2
27	Thomaston Savings Bank	7(a)	6	$559K	0.7%	14	-8
28	Ion Bank	7(a)	5	$864K	0.6%	5	0
29	Santander Bank, National Association	7(a)	5	$852K	0.6%	7	-2
30	Stearns Bank National Association	7(a)	5	$755K	0.6%	7	-2
31	Patriot Bank, National Association	7(a)	5	$360K	0.6%	0	new
32	Hanover Community Bank	7(a)	4	$3.9M	0.5%	1	+3
33	Bankwell Bank	7(a)	4	$2.3M	0.5%	4	0
34	Seacoast National Bank	7(a)	4	$1.2M	0.5%	0	new
35	Florida Capital Bank, National Association	7(a)	4	$1.0M	0.5%	0	new
36	First County Bank	7(a)	3	$1.7M	0.4%	1	+2
37	FinWise Bank	7(a)	3	$1.4M	0.4%	1	+2
38	PromiseOne Bank	7(a)	3	$1.1M	0.4%	0	new
39	First Bank	7(a)	3	$1.0M	0.4%	0	new
40	The Huntington National Bank	7(a)	3	$788K	0.4%	0	new

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2017	Change
1	Hartford County	162	$26.1M	20.0%	174	-12
2	Fairfield County	129	$49.4M	16.0%	124	+5
3	New Haven County	126	$31.5M	15.6%	122	+4
4	Capitol Planning Region	74	$25.0M	9.2%	71	+3
5	Western Connecticut Planning Region	56	$19.4M	6.9%	29	+27
6	South Central Connecticut Planning Region	47	$28.5M	5.8%	36	+11
7	Naugatuck Valley Planning Region	31	$14.6M	3.8%	19	+12
8	Greater Bridgeport Planning Region	30	$14.3M	3.7%	22	+8
9	Litchfield County	29	$3.7M	3.6%	36	-7
10	Middlesex County	25	$6.0M	3.1%	36	-11
11	New London County	25	$6.6M	3.1%	29	-4
12	Southeastern Connecticut Planning Region	19	$10.8M	2.4%	8	+11
13	Windham County	18	$3.6M	2.2%	15	+3
14	Northwest Hills Planning Region	11	$2.6M	1.4%	6	+5
15	Tolland County	10	$3.3M	1.2%	18	-8
16	Lower Connecticut River Valley Planning Region	9	$3.8M	1.1%	17	-8
17	Northeastern Connecticut Planning Region	7	$1.6M	0.9%	6	+1

FY2018 against FY2017

Connecticut	FY2018	FY2017
7(a) approvals	736	702
7(a) dollars	$204M	$208M
Median 7(a) approval	$100K	$100K
504 approvals	72	66
504 dollars	$46.7M	$33.0M
Jobs supported, as reported	6,053	6,235

Questions and answers

Which lenders made the most SBA loans in Connecticut in FY2018?

TD Bank, National Association (113), Webster Bank National Association (99), Manufacturers and Traders Trust Company (75), Liberty Bank (62), New England Certified Development Corporation (38). 76 lenders had at least one approval.

How many SBA loans were approved in Connecticut in FY2018?

808: 736 under 7(a) worth $204M and 72 under 504 worth $46.7M.

Which Connecticut counties had the most SBA approvals in FY2018?

Hartford County (162), Fairfield County (129), New Haven County (126), Capitol Planning Region (74), Western Connecticut Planning Region (56).

When does FY2018 start and end?

The federal fiscal year 2018 runs from 1 October 2017 to 30 September 2018.

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