36 SBA loans worth $9.7M went to businesses in Monroe, CT between October 2021 and June 2026, from 13 lenders. Manufacturers and Traders Trust made the most, 15 loans. The median loan was $105,000, compared with $150,000 across Connecticut, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Manufacturers and Traders Trust Bank · Buffalo, NY | 15 | $1.4M | $65,000 | 13% |
| 2 | Webster Bank Bank · Stamford, CT | 5 | $1.9M | $350,000 | 20% |
| 3 | TD Bank Bank · Wilmington, DE | 3 | $140K | $25,000 | 0% |
| 4 | Celtic Bank Bank · Salt Lake City, UT | 2 | $2.4M | $1,195,850 | 50% |
| 5 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $1.2M | $596,750 | 0% |
| 6 | Newtek Bank Bank · Miami, FL | 2 | $450K | $225,000 | 100% |
| 7 | Community Investment Certified development company · Hamden, CT | 1 | $722K | $722,000 | 0% |
| 8 | New England Certified Development Certified development company · Wakefield, MA | 1 | $510K | $510,000 | 100% |
| 9 | Patriot Bank Bank · Stamford, CT | 1 | $376K | $376,000 | 0% |
| 10 | Ives Bank Bank · Danbury, CT | 1 | $250K | $250,000 | 100% |
| 11 | Bank of America Bank · Charlotte, NC | 1 | $250K | $250,000 | 0% |
| 12 | Northeast Bank Bank · Portland, ME | 1 | $61K | $61,200 | 0% |
| 13 | Stearns Bank Bank · St. Cloud, MN | 1 | $30K | $30,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 14 | $120,000 | Manufacturers and Traders Trust | |
| Administrative and support services | 7 | $55,500 | Manufacturers and Traders Trust | |
| Retail | 5 | $877,300 | Webster Bank | |
| Education | 3 | $80,000 | Newtek Bank | |
| Real estate and rental | 2 | $137,500 | Manufacturers and Traders Trust | |
| Information and media | 1 | $25,000 | Manufacturers and Traders Trust | |
| Other services (repair, personal care) | 1 | $25,000 | TD Bank | |
| Manufacturing | 1 | $250,000 | Bank of America |