Connecticut · Finance & Insurance
SBA loans for finance & insurance in Connecticut
245 loans worth $99.4M approved since FY2010 for finance and insurance projects located in Connecticut.
Loans
245
Approved
$99.4M
Median loan
$150,000
-25% vs sector nationally
Median rate
6.00%
Jobs supported
1,094
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 finance & insurance in Connecticut
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Live Oak Banking Company | 39 | $27.5M | |
| Webster Bank | 16 | $10.1M | |
| Community Investment Corporation | 22 | $8.4M | |
| Byline Bank | 7 | $7.8M | |
| TD Bank | 19 | $5.5M | |
| Manufacturers and Traders Trust Company | 42 | $5.5M | |
| Avidia Bank | 2 | $5.2M | |
| Newtek Bank | 8 | $3.7M |
Detail
Which industries inside the sector
All SBA lending in Connecticut
12,406 loans across every sector.
Finance & Insurance nationally
18,357 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to finance & insurance businesses in Connecticut?
- 245 SBA loans totalling $99,436,600 have been approved for finance and insurance projects in Connecticut since FY2010.
- Which lenders finance finance & insurance in Connecticut?
- The most active by dollars approved are Live Oak Banking Company, Webster Bank, Community Investment Corporation, Byline Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for finance & insurance in Connecticut?
- The median approval is $150,000, 25% below the national median for this sector ($200,000).
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