Connecticut · Retail
SBA loans for retail in Connecticut
1,217 loans worth $486.6M approved since FY2010 for retail trade projects located in Connecticut.
Loans
1,217
Approved
$486.6M
Median loan
$150,000
-40% vs sector nationally
Median rate
6.50%
Jobs supported
8,138
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 retail in Connecticut
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Live Oak Banking Company | 36 | $56.8M | |
| Webster Bank | 172 | $49.9M | |
| New England Certified Development Corporation | 59 | $43.0M | |
| Community Investment Corporation | 60 | $39.5M | |
| Manufacturers and Traders Trust Company | 181 | $35.7M | |
| Newtek Small Business Finance, Inc. | 34 | $28.5M | |
| TD Bank | 95 | $20.6M | |
| Celtic Bank Corporation | 19 | $20.3M |
Detail
Which industries inside the sector
All SBA lending in Connecticut
12,406 loans across every sector.
Retail nationally
91,542 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to retail businesses in Connecticut?
- 1,217 SBA loans totalling $486,557,500 have been approved for retail trade projects in Connecticut since FY2010.
- Which lenders finance retail in Connecticut?
- The most active by dollars approved are Live Oak Banking Company, Webster Bank, New England Certified Development Corporation, Community Investment Corporation. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for retail in Connecticut?
- The median approval is $150,000, 40% below the national median for this sector ($250,000).
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