Ives Bank approved 63 SBA loans worth $26.8M between October 2021 and June 2026, ranking #479 of 2,283 SBA lenders nationally by loan count. Its median loan was $250,000, and 24% went to startups or businesses under two years old. It lent in 2 states, most often in Connecticut, and its most financed industry was other services (repair, personal care).
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Connecticut | 60 | $25.6M | $250,000 | #16 |
| New York | 3 | $1.2M | $200,000 | #179 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Other services (repair, personal care) | 15 | $120,000 | |
| Construction | 12 | $500,000 | |
| Manufacturing | 11 | $500,000 | |
| Restaurants and hotels | 5 | $421,600 | |
| Real estate and rental | 3 | $244,000 | |
| Finance and insurance | 3 | $250,000 | |
| Retail | 3 | $300,000 | |
| Transportation and warehousing | 2 | $1,244,000 | |
| Arts, entertainment and recreation | 2 | $150,000 | |
| Health care and social assistance | 2 | $300,000 |