Webster Bank approved 1,100 SBA loans worth $392.0M between October 2021 and June 2026, ranking #41 of 2,283 SBA lenders nationally by loan count. Its median loan was $194,750, and 20% went to startups or businesses under two years old. It lent in 12 states, most often in Connecticut, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Connecticut | 508 | $166.5M | $150,000 | #2 |
| New York | 275 | $93.5M | $250,000 | #15 |
| Massachusetts | 199 | $79.3M | $200,000 | #10 |
| Rhode Island | 68 | $27.4M | $139,350 | #6 |
| New Jersey | 35 | $18.6M | $500,000 | #43 |
| New Hampshire | 7 | $4.1M | $350,000 | #48 |
| South Carolina | 2 | $988K | $494,000 | #117 |
| Maine | 2 | $300K | $150,000 | #43 |
| Florida | 1 | $565K | $565,200 | #305 |
| Delaware | 1 | $500K | $500,000 | #66 |
| California | 1 | $141K | $141,000 | #266 |
| Pennsylvania | 1 | $50K | $50,000 | #201 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 173 | $200,000 | |
| Retail | 172 | $200,000 | |
| Restaurants and hotels | 144 | $171,000 | |
| Health care and social assistance | 110 | $210,250 | |
| Professional and technical services | 98 | $141,100 | |
| Manufacturing | 82 | $300,000 | |
| Other services (repair, personal care) | 76 | $121,850 | |
| Wholesale trade | 62 | $350,000 | |
| Administrative and support services | 59 | $100,000 | |
| Transportation and warehousing | 31 | $100,000 |