Torrington Savings Bank approved 21 SBA loans worth $3.1M between October 2021 and June 2026, ranking #881 of 2,283 SBA lenders nationally by loan count. Its median loan was $97,700, and 24% went to startups or businesses under two years old. It lent in 1 states, most often in Connecticut, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Connecticut | 21 | $3.1M | $97,700 | #28 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 6 | $62,500 | |
| Retail | 3 | $200,000 | |
| Administrative and support services | 2 | $125,000 | |
| Professional and technical services | 2 | $75,000 | |
| Health care and social assistance | 2 | $200,000 | |
| Arts, entertainment and recreation | 1 | $135,000 | |
| Finance and insurance | 1 | $97,700 | |
| Other services (repair, personal care) | 1 | $90,000 | |
| Manufacturing | 1 | $450,000 | |
| Real estate and rental | 1 | $30,000 |