Issue link: https://nebusinessmedia.uberflip.com/i/1259024
16 Hartford Business Journal • June 15, 2020 • www.HartfordBusiness.com express-strategies.com WORDS are the catalyst for ACTION. ADVOCACY WRITING CONTENT DEVELOPMENT MEDIA RELATIONS CRISIS COMMUNICATIONS FOCUS: SMALL BUSINESS THE LIST Top Small Business Administration Lenders Ranked by number of FY 2019 loans to Connecticut businesses Source: Small business association. Data includes exclusively 7(a) loans. —Compiled by Timothy Doyle. Top Small Business Administration Lenders (Ranked by number of FY 2019 loans to Connecticut businesses) Rank Lender Number of loans 2019 Number of loans 2018 % change number of loans Amount loaned 2019 Amount loaned 2018 % change amount of loans 1 Webster Bank 137 Bank St. Waterbury, CT 06702 117 100 17% $35,043,500 $39,606,600 -12% 2 People's United Bank 850 Main St. Bridgeport, CT 06604 66 39 69% $8,951,800 $6,473,900 38% 3 TD Bank 2461 Main St. Glastonbury, CT 06033 64 113 -43% $8,036,000 $9,658,900 -17% 4 Liberty Bank 315 Main St. Middletown, CT 06457 50 59 -15% $5,001,400 $5,182,500 -3% 5 M&T Bank Corp. 1 M&T Plaza Buffalo, NY 14203 48 33 45% $7,954,600 $6,865,500 16% 6 KeyBank NA 999 Bedford St. Stamford, CT 06905 27 24 13% $16,677,200 $8,992,200 85% 7 Berkshire Bank 927 Farmington Ave. West Hartford, CT 06107 27 35 -23% $11,149,900 $10,296,100 8% 8 Newtek Small Business Services 1981 Marcus Ave. Lake Success, NY 11042 22 35 -37% $27,287,700 $27,254,700 0% 9 Wells Fargo Bank, NA 205 Church St. New Haven, CT 06510 17 22 -23% $3,606,580 $5,917,500 -39% 10 Newtown Savings Bank 39 Main St. Newtown, CT 06470 13 15 -13% $6,263,600 $4,813,200 30% 11 First Home Bank 700 Central Ave. St. Petersburg, FL 33701 13 9 44% $2,674,000 $2,540,000 5% 12 Santander Bank 1010 Farmington Ave. West Hartford, CT 06107 12 5 140% $1,356,000 $852,000 59% 13 Citizens Bank 470 Bank St. New London, CT 06320 11 14 -21% $2,494,600 $2,260,629 10% 14 Savings Bank of Danbury 220 Main St. Danbury, CT 06810 11 6 83% $1,806,500 $4,760,000 -62% 15 Live Oak Banking Co. 1757 Tiburon Drive Wilmingotn, NC 28403 9 10 -10% $16,190,000 $13,110,000 23% 16 Celtic Bank Corp. 268 South State St., Suite 300 Salt Lake City, UT 84111 9 19 -53% $7,715,400 $4,380,800 76% 17 JP Morgan Chase & Co. 675 Bridgeport Ave. Shelton, CT 06484 9 12 -25% $6,078,800 $1,435,500 323% 18 Connecticut Community Bank 1495 Post Road East Westport, CT 06880 8 10 -20% $4,374,000 $9,242,100 -53% 19 Stearns Bank 4191 2nd St. South St. Cloud, MN 56301 8 5 60% $1,146,500 $755,000 52% 20 Community Investment Corp. 2315 Whitney Ave., Suite 2B Hamden, CT 06518 8 10 -20% $1,038,000 $1,019,600 2% Source: Small business association. Data includes exclusively 7(a) loans. —Compiled by Timothy Doyle.