SBA by industry · CT

SBA lenders for medical practices in Connecticut

36 lenders made 156 SBA loans to medical practices in Connecticut in the 36 months ending September 30, 2026. Manufacturers and Traders Trust Company made the most, with 41. The typical loan was about $120K.

Evidence
SBA 7(a) and 504 loans to medical practices in Connecticut, NAICS 621, excluding dental
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
36
SBA FOIA,
SBA loans, 36 months
156
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$42.5M
SBA FOIA,
Last 12 months
52
SBA FOIA,

Cite this

Source: The Lender Report, SBA lenders for medical practices in Connecticut, https://lender.report/sba-lenders-for/medical-practices/connecticut/, data as of September 30, 2026.

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SBA lenders for medical practices in Connecticut. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order. First 25 of 36.
LenderKindBased inLoansDollars7(a)504Last 12 months
Manufacturers and Traders Trust Company SBA 7(a) recordBankBuffalo, NY41$3.45M40112
Newtek Bank, National Association SBA 7(a) recordBankMiami, FL13$4.41M1308
Liberty Bank SBA 7(a) recordSavingsMiddletown, CT13$1.72M1127
TD Bank, National Association SBA 7(a) recordBankWilmington, DE10$2.56M1003
The Huntington National Bank SBA 7(a) recordBankColumbus, OH7$2.38M703
Santander Bank, N.A. SBA 7(a) recordBankWilmington, DE7$2.09M701
Connecticut Community Bank, National Association SBA 7(a) recordBankNorwalk, CT3$1.32M303
Stearns Bank National Association SBA 7(a) recordBankSaint Cloud, MN3$1.28M301
Celtic Bank SBA 7(a) recordBankSalt Lake City, UT3$1.14M300
Ion Bank SBA 7(a) recordBankNaugatuck, CT3$695K300
Live Oak Banking Company SBA 7(a) recordBankWilmington, NC3$650K302
BayFirst National Bank SBA 7(a) recordBankSaint Petersburg, FL3$420K300
SmartBiz Bank, National Association SBA 7(a) recordBankNorthbrook, IL3$410K302
Northeast Bank SBA 7(a) recordBankPortland, ME3$343K300
Beacon Bank and Trust SBA 7(a) recordBankBoston, MA2$4.95M202
United Community Bank SBA 7(a) recordBankGreenville, SC2$1.95M200
Bank of America, National Association SBA 7(a) recordBankCharlotte, NC2$1.12M202
First Bank of the Lake SBA 7(a) recordBankOsage Beach, MO2$740K200
Wells Fargo Bank, National Association SBA 7(a) recordBankSioux Falls, SD2$730K200
Ives Bank SBA 7(a) recordSavingsDanbury, CT2$600K200
JPMorgan Chase Bank, National Association SBA 7(a) recordBankColumbus, OH2$400K200
CDC Small Business Finance Corp. SBA 7(a) recordNon-bankSan Diego, CA2$260K200
KeyBank National Association SBA 7(a) recordBankCleveland, OH2$100K200
VelocitySBA, LLC SBA 7(a) recordNon-bankIrving, TX1$2.10M100
Seacoast National Bank SBA 7(a) recordBankStuart, FL1$680K101
SBA FOIA,

Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.

Detailed industries in this group in Connecticut
IndustryLoans
Home Health Care Services32
Offices of Mental Health Practitioners (except Physicians)28
Offices of Physicians (except Mental Health Specialists)28
Offices of All Other Miscellaneous Health Practitioners21
Offices of Physical, Occupational and Speech Therapists, and Audiologists16
Offices of Physicians, Mental Health Specialists8
Offices of Chiropractors7
Offices of Optometrists7
Outpatient Mental Health and Substance Abuse Centers4
All Other Miscellaneous Ambulatory Health Care Services3
SBA FOIA,
SBA loans for medical practices in Connecticut, by size
Loan sizeLoans
Under $150K79
$150K to $350K35
$350K to $1M28
$1M to $2.5M5
$2.5M or more1
SBA FOIA,
  • SBA lenders recorded 156 loans to medical practices totaling $42.5M in Connecticut in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
  • The typical loan was about $120K, with the middle half between $50K and $330K. SBA FOIA,
  • 142 were SBA 7(a) loans and 6 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 10.50% on 142 loans. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Banks and savings institutions made 142 of the loans, credit unions 0, and non-banks 4. SBA FOIA,
  • The five most active lenders made 53.8% of the loans. SBA FOIA,
  • The three most active lenders were Manufacturers and Traders Trust Company with 41, Liberty Bank with 13, and Newtek Bank, National Association with 13. SBA FOIA,
  • 79 of the loans were under $150K, and 6 were $1M or more. SBA FOIA,
  • 10 of these loans were made by lenders that have since merged or closed, that the file lists under a name with no lender record here, or that the loan tape shows only at a broader industry level. They are counted in the totals here and appear in no lender's row. SBA FOIA,
  • The SBA file shows 52 approvals of these loans dated in the 12 months to September 30, 2026, versus 44 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 8 of the 36 lenders are based in Connecticut. The rest are based elsewhere, most often in Florida, Ohio and California. SBA FOIA,
  • The most common detailed industry in Connecticut was Home Health Care Services, with 32 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to medical practices in Connecticut
Period
October 2023 to September 2026
Formula
Count, by lender, of SBA 7(a) approvals and SBA 504 first liens located in Connecticut, dated in the 36 months ending September 30, 2026 and not cancelled, whose NAICS code in the SBA file falls in NAICS 621, excluding dental.
Order
Largest first by loans in the state, then dollars, then name. Payment is not part of the order.
As of
September 30, 2026
Source
SBA FOIA
Changelog
  • : First published, with the data built on this date.

What we don't know

  • Whether any of these lenders is taking new SBA loans today, or how it would treat a business like yours.
  • Loans that were never completed. The SBA file lists approvals, and these pages leave out the ones it marks cancelled.
  • The borrower, the address and every term beyond rate and term. The public file does not show them.

Every loan counted here carried one of these NAICS codes in the SBA file, and the state of the loan is the state of the business. Loans are approvals, net of cancelled approvals. Lenders that merged or stopped filing are left out.

SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.