Connecticut · Construction
SBA loans for construction in Connecticut
1,685 loans worth $386.0M approved since FY2010 for construction projects located in Connecticut.
Loans
1,685
Approved
$386.0M
Median loan
$100,000
+0% vs sector nationally
Median rate
7.50%
Jobs supported
10,422
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to construction in Connecticut
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Webster Bank | 251 | $56.0M | |
| Newtek Small Business Finance, Inc. | 30 | $39.2M | |
| Manufacturers and Traders Trust Company | 402 | $37.5M | |
| TD Bank | 185 | $19.7M | |
| KeyBank | 60 | $18.8M | |
| Beacon Bank and Trust | 50 | $17.4M | |
| New England Certified Development Corporation | 38 | $16.1M | |
| Community Investment Corporation | 45 | $14.7M |
Detail
Which industries inside the sector
All SBA lending in Connecticut
12,406 loans across every sector.
Construction nationally
115,753 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to construction businesses in Connecticut?
- 1,685 SBA loans totalling $385,969,600 have been approved for construction projects in Connecticut since FY2010.
- Which lenders finance construction in Connecticut?
- The most active by dollars approved are Webster Bank, Newtek Small Business Finance, Inc., Manufacturers and Traders Trust Company, TD Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for construction in Connecticut?
- The median approval is $100,000.
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