Newtown Savings Bank approved 30 SBA loans worth $10.4M between October 2021 and June 2026, ranking #714 of 2,283 SBA lenders nationally by loan count. Its median loan was $212,950, and 43% went to startups or businesses under two years old. It lent in 1 states, most often in Connecticut, and its most financed industry was manufacturing.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Connecticut | 30 | $10.4M | $212,950 | #23 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Manufacturing | 10 | $200,000 | |
| Other services (repair, personal care) | 3 | $340,800 | |
| Professional and technical services | 3 | $125,000 | |
| Administrative and support services | 2 | $232,500 | |
| Transportation and warehousing | 2 | $144,150 | |
| Retail | 2 | $147,500 | |
| Construction | 2 | $77,200 | |
| Health care and social assistance | 2 | $436,500 | |
| Education | 1 | $346,500 | |
| Arts, entertainment and recreation | 1 | $99,000 |