Connecticut Community Bank approved 52 SBA loans worth $35.8M between October 2021 and June 2026, ranking #555 of 2,283 SBA lenders nationally by loan count. Its median loan was $491,750, and 31% went to startups or businesses under two years old. It lent in 9 states, most often in Connecticut, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Connecticut | 40 | $28.0M | $481,450 | #20 |
| Massachusetts | 3 | $3.0M | $1,274,600 | #144 |
| Utah | 2 | $1.1M | $535,350 | #116 |
| New York | 2 | $1.7M | $840,500 | #199 |
| Alabama | 1 | $250K | $250,000 | #151 |
| Georgia | 1 | $1.2M | $1,225,900 | #247 |
| Delaware | 1 | $175K | $175,000 | #75 |
| Oklahoma | 1 | $250K | $250,000 | #189 |
| Rhode Island | 1 | $150K | $150,000 | #82 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 9 | $444,500 | |
| Finance and insurance | 8 | $250,000 | |
| Other services (repair, personal care) | 7 | $489,000 | |
| Arts, entertainment and recreation | 7 | $1,181,000 | |
| Wholesale trade | 6 | $633,800 | |
| Retail | 4 | $849,900 | |
| Professional and technical services | 3 | $145,000 | |
| Administrative and support services | 3 | $494,500 | |
| Transportation and warehousing | 2 | $1,505,000 | |
| Construction | 1 | $350,000 |