51 SBA loans worth $19.1M went to businesses in Newington, CT between October 2021 and June 2026, from 18 lenders. TD Bank made the most, 10 loans. The median loan was $100,000, compared with $150,000 across Connecticut, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 10 | $1.3M | $125,000 | 30% |
| 2 | Webster Bank Bank · Stamford, CT | 9 | $2.0M | $225,000 | 11% |
| 3 | Manufacturers and Traders Trust Bank · Buffalo, NY | 8 | $330K | $32,500 | 25% |
| 4 | Liberty Bank Bank · Middletown, CT | 5 | $865K | $85,000 | 20% |
| 5 | Newtek Bank Bank · Miami, FL | 3 | $457K | $200,000 | 0% |
| 6 | Celtic Bank Bank · Salt Lake City, UT | 2 | $1.3M | $627,250 | 0% |
| 7 | NBT Bank Bank · Norwich, NY | 2 | $200K | $100,000 | 100% |
| 8 | Northeast Bank Bank · Portland, ME | 2 | $122K | $61,000 | 0% |
| 9 | Live Oak Banking Bank · Wilmington, NC | 1 | $4.0M | $4,000,000 | 100% |
| 10 | Grasshopper Bank Bank · New York, NY | 1 | $4.0M | $4,000,000 | 0% |
| 11 | Avidia Bank Bank · Hudson, MA | 1 | $2.4M | $2,375,000 | 0% |
| 12 | Bank of America Bank · Charlotte, NC | 1 | $549K | $549,400 | 100% |
| 13 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $450K | $450,000 | 100% |
| 14 | Torrington Savings Bank Bank · Torrington, CT | 1 | $450K | $450,000 | 0% |
| 15 | Thomaston Savings Bank Bank · Thomaston, CT | 1 | $340K | $340,500 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 10 | $229,500 | TD Bank | |
| Restaurants and hotels | 8 | $155,000 | Webster Bank | |
| Health care and social assistance | 7 | $30,000 | Webster Bank | |
| Retail | 6 | $100,000 | Manufacturers and Traders Trust | |
| Administrative and support services | 5 | $100,000 | TD Bank | |
| Other services (repair, personal care) | 4 | $125,000 | Manufacturers and Traders Trust | |
| Manufacturing | 4 | $150,000 | Torrington Savings Bank | |
| Arts, entertainment and recreation | 3 | $20,000 | Manufacturers and Traders Trust |