SHANE PIERSON · SBA DATA
SBA Lending by State · Connecticut

SBA Lending in Connecticut

Connecticut is a mid-sized SBA market concentrated in construction, growing +7%.

24,291
Total SBA loans
$6.6B
Approved dollars
7.2
Loans per 1,000 businesses / yr
+7%
Growth, 2010s to 2020s
9.0%
Active-loan distress
#24
Rank, national volume
#12
Rank, loans per business

Every SBA 7(a) and 504 loan approved in Connecticut since 1991 sits in the public federal record. Connecticut accounts for 24,291 of them, worth $6.6B, split 22,290 under 7(a) and 2,001 under 504. Roughly 9% of 7(a) went to startups and new businesses.

Top industries funded in Connecticut

  • Retail3,459 loans · $738M
  • Other2,559 loans · $597M
  • Construction2,521 loans · $406M
  • Personal Services2,053 loans · $413M
  • Food & Lodging1,963 loans · $592M
  • Manufacturing1,954 loans · $682M

Program mix

22,290
7(a) loans
2,001
504 loans
9%
To startups & new businesses
91%
To existing businesses
See Connecticut on the interactive map

Drill Connecticut to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.

Explore Connecticut on the map ↗

Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026.