32 SBA loans worth $19.6M went to businesses in Farmington, CT between October 2021 and June 2026, from 17 lenders. Manufacturers and Traders Trust made the most, 7 loans. The median loan was $200,000, compared with $150,000 across Connecticut, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 7 | $1.2M | $100,000 | 57% |
| 2 | Webster Bank Bank · Stamford, CT | 6 | $1.4M | $192,500 | 33% |
| 3 | Beacon Bank and Trust Bank · Boston, MA | 2 | $3.8M | $1,900,000 | 0% |
| 4 | Newtek Bank Bank · Miami, FL | 2 | $1.9M | $975,000 | 50% |
| 5 | Bancorp Bank Bank · Sioux Falls, SD | 2 | $1.1M | $574,000 | 50% |
| 6 | Liberty Bank Bank · Middletown, CT | 2 | $364K | $181,900 | 100% |
| 7 | ConnectOne Bank Bank · Englewood Cliffs, NJ | 1 | $3.7M | $3,724,000 | 0% |
| 8 | VelocitySBA Non-bank lender · Irving, TX | 1 | $2.1M | $2,119,000 | 100% |
| 9 | New England Certified Development Certified development company · Wakefield, MA | 1 | $1.1M | $1,140,000 | 0% |
| 10 | Thomaston Savings Bank Bank · Thomaston, CT | 1 | $1.0M | $1,000,000 | 0% |
| 11 | Hometown Bank Bank · Kent, OH | 1 | $795K | $794,800 | 0% |
| 12 | Community Investment Non-bank lender · Hamden, CT | 1 | $350K | $350,000 | 100% |
| 13 | TD Bank Bank · Wilmington, DE | 1 | $250K | $250,000 | 0% |
| 14 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $150K | $150,000 | 100% |
| 15 | Celtic Bank Bank · Salt Lake City, UT | 1 | $150K | $150,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 4 | $572,400 | Hometown Bank | |
| Wholesale trade | 4 | $145,000 | Manufacturers and Traders Trust | |
| Professional and technical services | 4 | $325,000 | Webster Bank | |
| Health care and social assistance | 4 | $61,700 | Manufacturers and Traders Trust | |
| Retail | 3 | $480,000 | Bancorp Bank | |
| Administrative and support services | 3 | $285,000 | Beacon Bank and Trust | |
| Construction | 3 | $150,000 | Webster Bank | |
| Education | 2 | $975,000 | Celtic Bank |