47 SBA loans worth $16.1M went to businesses in Berlin, CT between October 2021 and June 2026, from 20 lenders. Webster Bank made the most, 8 loans. The median loan was $150,000, compared with $150,000 across Connecticut, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Webster Bank Bank · Stamford, CT | 8 | $1.8M | $165,000 | 0% |
| 2 | TD Bank Bank · Wilmington, DE | 6 | $1.5M | $135,000 | 17% |
| 3 | Liberty Bank Bank · Middletown, CT | 5 | $1.6M | $250,000 | 60% |
| 4 | Community Investment Certified development company · Hamden, CT | 4 | $2.1M | $541,000 | 0% |
| 5 | Manufacturers and Traders Trust Bank · Buffalo, NY | 4 | $155K | $22,500 | 0% |
| 6 | First Bank of the Lake Bank · Osage Beach, MO | 2 | $738K | $369,000 | 0% |
| 7 | Avidia Bank Bank · Hudson, MA | 2 | $686K | $343,000 | 100% |
| 8 | New England Certified Development Certified development company · Wakefield, MA | 2 | $336K | $168,000 | 0% |
| 9 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $241K | $120,450 | 0% |
| 10 | Northeast Bank Bank · Portland, ME | 2 | $60K | $29,750 | 0% |
| 11 | SouthState Bank Bank · Winter Haven, FL | 1 | $3.7M | $3,690,000 | 0% |
| 12 | CIBC Bank USA Bank · Chicago, IL | 1 | $1.0M | $1,046,800 | 100% |
| 13 | Hanover Community Bank Bank · Garden City Park, NY | 1 | $930K | $930,000 | 100% |
| 14 | VelocitySBA Non-bank lender · Irving, TX | 1 | $422K | $422,000 | 0% |
| 15 | First County Bank Bank · Stamford, CT | 1 | $250K | $250,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 8 | $250,000 | TD Bank | |
| Manufacturing | 5 | $51,500 | Manufacturers and Traders Trust | |
| Other services (repair, personal care) | 5 | $90,900 | BayFirst National Bank | |
| Health care and social assistance | 5 | $75,000 | First Bank of the Lake | |
| Education | 4 | $150,000 | Webster Bank | |
| Retail | 4 | $50,000 | Northeast Bank | |
| Restaurants and hotels | 4 | $222,500 | Hanover Community Bank | |
| Wholesale trade | 3 | $1,046,800 | Liberty Bank |