New England Certified Development approved 460 SBA loans worth $407.6M between October 2021 and June 2026, ranking #95 of 2,283 SBA lenders nationally by loan count. Its median loan was $549,000, and 18% went to startups or businesses under two years old. It lent in 8 states, most often in Connecticut, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Connecticut | 201 | $196.3M | $510,000 | #5 |
| Massachusetts | 180 | $165.9M | $609,000 | #13 |
| Rhode Island | 51 | $27.1M | $314,000 | #7 |
| New Hampshire | 20 | $11.0M | $446,500 | #28 |
| Vermont | 3 | $1.6M | $527,000 | #34 |
| Maine | 3 | $3.1M | $589,000 | #38 |
| North Carolina | 1 | $2.3M | $2,262,000 | #179 |
| New York | 1 | $507K | $507,000 | #208 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 88 | $893,000 | |
| Other services (repair, personal care) | 62 | $357,000 | |
| Health care and social assistance | 57 | $340,000 | |
| Retail | 53 | $740,000 | |
| Manufacturing | 43 | $627,000 | |
| Construction | 41 | $389,000 | |
| Professional and technical services | 27 | $398,000 | |
| Arts, entertainment and recreation | 24 | $851,500 | |
| Wholesale trade | 20 | $636,000 | |
| Administrative and support services | 14 | $301,000 |