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SBA lenders in New Milford, CT

SBA 7(a) and 504 loans to businesses in New Milford (Western Connecticut County), October 2021 to June 30, 2026 · Updated October 15, 2026
41
SBA loans approved
$23.7M
Total approved
$175,000
Median loan
20
Lenders active
39%
To startups

41 SBA loans worth $23.7M went to businesses in New Milford, CT between October 2021 and June 2026, from 20 lenders. Webster Bank made the most, 7 loans. The median loan was $175,000, compared with $150,000 across Connecticut, and manufacturing was the most financed industry.

Most active SBA lenders in New Milford

#LenderLoansApprovedMedian loanTo startups
1Webster Bank
Bank · Stamford, CT
7$1.4M$175,00029%
2Community Investment
Certified development company · Hamden, CT
5$1.9M$207,0000%
3Ives Bank
Bank · Danbury, CT
4$2.2M$140,00025%
4Manufacturers and Traders Trust
Bank · Buffalo, NY
4$305K$70,00050%
5Live Oak Banking
Bank · Wilmington, NC
2$1.7M$852,5000%
6Bank Five Nine
Bank · Oconomowoc, WI
2$1.2M$606,150100%
7New England Certified Development
Certified development company · Wakefield, MA
2$1.2M$579,00050%
8KeyBank
Bank · Cleveland, OH
2$1.1M$570,000100%
9Huntington National Bank
Bank · Columbus, OH
2$339K$169,500100%
10Bay Colony Development
Certified development company · Waltham, MA
1$3.1M$3,089,000100%
11Newtek Bank
Bank · Miami, FL
1$2.8M$2,750,000100%
12Celtic Bank
Bank · Salt Lake City, UT
1$1.9M$1,910,0000%
13FDIC - Community Bank & Trust-West Georgia
Non-bank lender · Lagrange, GA
1$1.9M$1,895,000100%
14Readycap Lending
Non-bank lender · Berkeley Heights, NJ
1$1.2M$1,200,0000%
15Harvest Small Business Finance
Non-bank lender · Laguna Hills, CA
1$826K$825,700100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in New Milford. For 504 loans the lender shown is the certified development company.

What gets financed in New Milford

IndustryLoansShareMedian loanMost active lender
Manufacturing9
22%
$475,000Webster Bank
Construction7
17%
$175,000Webster Bank
Retail5
12%
$147,000Community Investment
Other services (repair, personal care)5
12%
$130,000Ives Bank
Real estate and rental4
10%
$606,150Bank Five Nine
Arts, entertainment and recreation4
10%
$593,000Huntington National Bank
Health care and social assistance3
7%
$108,000TD Bank
Education2
5%
$86,000Community Investment
Loan size mix
  • Under $150,00037%
  • $150,000 to $500,00032%
  • $500,000 to $2 million27%
  • $2 million and up5%
Compared with Connecticut
Median loan, New Milford
$175,000
Median loan, Connecticut
$150,000
Startup share, New Milford
39%
Startup share, Connecticut
30%
Share of state's SBA loans
0.9%

SBA loans per fiscal year in New Milford

071320FY14: 10 loansFY14FY15: 6 loansFY15FY16: 6 loansFY16FY17: 7 loansFY17FY18: 7 loansFY18FY19: 7 loansFY19FY20: 4 loansFY20FY21: 10 loansFY21FY22: 3 loansFY22FY23: 8 loansFY23FY24: 11 loansFY24FY25: 13 loansFY2513FY26 (Oct to Jun): 6 loansFY266
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.