35 SBA loans worth $12.6M went to businesses in Newtown, CT between October 2021 and June 2026, from 16 lenders. Manufacturers and Traders Trust made the most, 5 loans. The median loan was $250,000, 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 | 5 | $606K | $30,000 | 40% |
| 2 | New England Certified Development Certified development company · Wakefield, MA | 4 | $2.7M | $575,000 | 0% |
| 3 | BankUnited Bank · Miami Lakes, FL | 4 | $800K | $200,000 | 0% |
| 4 | Bank of America Bank · Charlotte, NC | 3 | $2.1M | $810,000 | 67% |
| 5 | Newtown Savings Bank Bank · Newtown, CT | 3 | $937K | $340,800 | 67% |
| 6 | Bank Five Nine Bank · Oconomowoc, WI | 2 | $1.9M | $931,250 | 100% |
| 7 | Webster Bank Bank · Stamford, CT | 2 | $624K | $311,900 | 100% |
| 8 | Community Investment Certified development company · Hamden, CT | 2 | $442K | $221,000 | 50% |
| 9 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $250K | $125,000 | 0% |
| 10 | Newtek Bank Bank · Miami, FL | 2 | $225K | $112,500 | 0% |
| 11 | Housatonic Industrial Development Certified development company · Danbury, CT | 1 | $514K | $514,000 | 0% |
| 12 | Ives Bank Bank · Danbury, CT | 1 | $500K | $500,000 | 0% |
| 13 | Celtic Bank Bank · Salt Lake City, UT | 1 | $466K | $466,000 | 0% |
| 14 | JPMorgan Chase Bank Bank · Columbus, OH | 1 | $300K | $300,000 | 0% |
| 15 | Community Investment Non-bank lender · Hamden, CT | 1 | $275K | $275,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 9 | $101,000 | BankUnited | |
| Health care and social assistance | 5 | $810,000 | Bank of America | |
| Arts, entertainment and recreation | 4 | $261,250 | Manufacturers and Traders Trust | |
| Manufacturing | 3 | $283,000 | New England Certified Development | |
| Professional and technical services | 3 | $150,000 | Wells Fargo Bank | |
| Real estate and rental | 2 | $931,250 | Bank Five Nine | |
| Retail | 2 | $94,500 | Community Investment | |
| Other services (repair, personal care) | 2 | $403,400 | Newtown Savings Bank |