32 HARTFORDBUSINESS.COM | MAY 4, 2026
The Lists
Largest SBA lenders
Ranked by number of loans, then amount loaned, to Connecticut businesses in fiscal year 2025
Lender
No. of loans 2025/
no. of loans 2024 % change number of loans
Amount loaned in 2025/
amount loaned in 2024 % change amount of loans
1
M&T Bank Corp.
850 Main St.,
Bridgeport, CT 06604
203-338-7001; mtb.com
217
151
44%
$22,780,400
$18,034,200
26%
2
TD Bank
2461 Main St.,
Glastonbury, CT 06033
860-652-3231; tdbank.com
95
79
20%
$15,746,600
$8,073,200
95%
3
Webster Bank (1)
1959 Summer St.,
Stamford, CT 06905
203-969-1853; websterbank.com
54
86
-37%
$22,819,900
$29,155,500
-22%
4
Liberty Bank
315 Main St.,
Middletown, CT 06457
888-570-0773; liberty-bank.com
45
33
36%
$7,238,900
$6,781,000
7%
5
Newtek Bank
1111 Brickell Ave., Suite 135,
Miami, FL 33131
888-681-7238; newtekbank.com
36
52
-31%
$12,385,000
$22,910,000
-46%
6
Live Oak Banking Co.
1757 Tiburon Drive,
Wilmington, NC 28403
866-518-0286; liveoak.bank
26
21
24%
$39,801,500
$32,666,500
22%
7
Ready Capital
200 Connell Drive,
Berkeley Heights, NJ 07922
855-816-0953; readycapital.com
25
30
-17%
$15,563,700
$8,428,000
85%
8
KeyBank
225 Trumbull St.,
Hartford, CT 06103
860-240-2626; key.com
23
33
-30%
$2,813,600
$6,547,000
-57%
9
Huntington National Bank
17 South High St.,
Columbus, OH 43215
614-480-4293; huntington.com
22
19
16%
$6,007,500
$6,979,900
-14%
10
Northeast Bank
35 Canal St.,
Lewiston, ME 04240
207-786-3245; northeastbank.com
22
21
5%
$2,693,700
$2,744,500
-2%
11
BayFirst National Bank
700 Central Ave.,
Saint Petersburg, FL 33701
727-440-6848; bayfirstfinancial.com
20
34
-41%
$3,551,500
$4,396,300
-19%
12
Ives Bank
220 Main St.,
Danbury, CT 06810
203-743-3849; ivesbank.com
17
12
42%
$6,970,000
$5,216,000
34%
13
Wells Fargo Bank
956 Chapel St.,
New Haven, CT 06510
203-497-3625; wellsfargo.com
16
8
100%
$7,317,500
$1,672,000
338%
14
Citizens Bank
15 S. Main St.,
West Hartford, CT 06107
860-586-7410; citizensbank.com
11
3
267%
$6,322,700
$640,000
888%
15
Celtic Bank Corp.
268 South State St., Suite 300,
Salt Lake City, UT 84111
801-363-6500; celticbank.com
11
14
-21%
$4,184,500
$17,567,900
-76%
16
Beacon Bank and Trust (2)
2 Harvard St.,
Brookline, MA 02445
617-730-3520; beaconbank.com
10
18
-44%
$13,633,000
$12,461,700
9%
17
Bank of America
30 State House Square,
Hartford, CT 06103
860-616-1920; bankofamerica.com
10
14
-29%
$7,674,000
$7,322,400
5%
18
Ion Bank
87 Church St.,
Naugatuck, CT 06770
203-729-4442; ionbank.com
9
6
50%
$3,135,000
$6,130,800
-49%
19
Lendistry SBLC LLC
767 S. Alameda St.,
Los Angeles, CA 90021
855-476-5870; lendistry.com
9
5
80%
$2,664,400
$439,700
506%
20
Connecticut Community Bank
605 West Ave.,
Norwalk, CT 06850
203-854-9244; ccbankonline.com
8
6
33%
$3,506,600
$3,843,300
-9%
Source: U.S. Small Business Administration.
Note: Includes 7(a) loans for fiscal year ended Sept. 30, 2025; canceled loans are not included. Some data were updated by SBA since previous publication in HBJ's Book of Lists.
(1) In February 2026, Spain-based Banco Santander announced a $12.3 billion deal to acquire Stamford's Webster Financial Corp.
(2) Created in September 2025 through the merger of equals between Berkshire Hills Bancorp and Brookline Bancorp. SBA Lender data for this list was filed under Brookline Bank, a Division of Beacon Bank
and Trust.
-Compiled by Heide Martin, hmartin@nebusinessmedia.com
LARGEST SBA LENDERS
Ranked by number of loans, then amount loaned, to Connecticut businesses in fiscal year 2025
