37 SBA loans worth $8.6M went to businesses in Torrington, CT between October 2021 and June 2026, from 13 lenders. Torrington Savings Bank made the most, 10 loans. The median loan was $125,000, compared with $150,000 across Connecticut, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Torrington Savings Bank Bank · Torrington, CT | 10 | $1.2M | $75,850 | 10% |
| 2 | Manufacturers and Traders Trust Bank · Buffalo, NY | 5 | $380K | $100,000 | 0% |
| 3 | TD Bank Bank · Wilmington, DE | 4 | $425K | $125,000 | 0% |
| 4 | Newtek Bank Bank · Miami, FL | 3 | $1.2M | $150,000 | 0% |
| 5 | Webster Bank Bank · Stamford, CT | 3 | $460K | $65,000 | 33% |
| 6 | BayFirst National Bank Bank · St. Petersburg, FL | 3 | $450K | $150,000 | 0% |
| 7 | Pathward Bank · Sioux Falls, SD | 2 | $1.8M | $875,000 | 50% |
| 8 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $915K | $457,500 | 0% |
| 9 | Live Oak Banking Bank · Wilmington, NC | 1 | $775K | $775,000 | 0% |
| 10 | First Bank Bank · Hamilton, NJ | 1 | $675K | $675,000 | 0% |
| 11 | Union Savings Bank Bank · Danbury, CT | 1 | $150K | $150,000 | 0% |
| 12 | Community Investment Certified development company · Hamden, CT | 1 | $108K | $108,000 | 0% |
| 13 | Northwest Community Bank Bank · Winsted, CT | 1 | $75K | $75,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 13 | $65,000 | Torrington Savings Bank | |
| Retail | 8 | $300,000 | Torrington Savings Bank | |
| Finance and insurance | 6 | $150,000 | BayFirst National Bank | |
| Professional and technical services | 4 | $457,500 | United Midwest Savings Bank | |
| Administrative and support services | 2 | $125,000 | Torrington Savings Bank | |
| Restaurants and hotels | 2 | $107,500 | Manufacturers and Traders Trust | |
| Real estate and rental | 1 | $30,000 | Newtek Bank | |
| Wholesale trade | 1 | $75,000 | Northwest Community Bank |