BOOK OF LISTS & ECONOMIC FORECAST 2016-2017
Banking & Finance
www.HartfordBusiness.com decemBer 26, 2016 • Hartford Business Journal 29
Notable SBA loans in Connecticut
(Ranked by loan amount, FY 2016)
Rank Company Loan amount Business description Lender
1
Learning Quest Inc.
1150 Elm St. Extension
Rocky Hill, CT 06067
860-969-0300; www.goddardschool.com
$3,697,700 Child day care services Wells Fargo Bank NA
2
Tomorrow's Promise LLC
158 New Britain Ave., Unit 4
Rocky Hill, CT 06067 (1)
860-436-5307;
educationaldaycare.kiddieacademy.com/academies/
rocky-hill
$3,653,000 Educational support services First Chatham Bank
3
Bootstrap Direct I Inc.
85 Robert Porter Road
Southington, CT 06489 (2)
860-621-2955; www.clearautomation.com
$3,415,000 Industrial machinery manufacturer Bridgeview Bank Group
4
Mieka Enterprises LLC
475 Whitney Ave.
New Haven, CT 06510
N/A; N/A
$3,300,000 Lessor of nonresidential building(s) Ion Bank
5
British Motor Works LLC
1 and 5 Commerce Drive
Fairfield, CT 06825
N/A; N/A
$3,104,000 New car dealer Community Investment Corp.
6
Elenie21 Realty LLC
210 Connecticut Ave.
Norwalk, CT 06854
N/A; N/A
$3,050,000 Lessor of nonresidential building(s) Celtic Bank Corp.
7
FCP Groton LLC
155 Hill St.
Milford, CT 06460
860-388-9001; www.fcpeuro.com
$3,000,000 Automotive parts and accessories store Webster Bank NA
7
Savinder Hospitality LLC
707 Colman St.
New London, CT 06320 (3)
860-444-0001; www.redroof.com
$3,000,000 Hotels and motels Republic Bank
9
Fairfield Hospitality Associates LLC
80 Benedict Road
Bethel, CT 06801 (4)
203-748-8318; www.wyndhamhotels.com
$2,999,000 Hotels and motels Celtic Bank Corp.
Sources: Small Business Administration Connecticut office (Special thanks to Julio Casiano, jcasiano@sba.gov.), company websites, Connecticut Secretary of the State website. Note: For the fiscal year ending Sept. 30, 2016. N/A = Not available.
(1)
Site of Kiddie Academy of Rocky Hill.
(2) Site of Clear Automation LLC.
(3) Site of Red Roof Inn - New London.
(4) Site of Microtel Inn & Suites - Bethel.
—Compiled by Heide Martin.
Largest Connecticut Innovations aid recipients
(Ranked by amount of funding, FY 2016)
Number of full-time jobs
Rank Company
Amount
funded
Type of funding/
Fund
Amount
leveraged retained created Type of business
Top executive/
Title
1
etouches Inc.
13 Marshall St.
Norwalk, CT 06854
203-403-9470; www.etouches.com
$2,000,000
Equity
Eli Whitney
$18,000 13 60 Computer software
Oni Chukwu
President & CEO
2
IsoPlexis Inc.
23 Business Park Drive
Branford, CT 06405
203-208-4111; isoplexis.com
$1,899,999
Equity
Eli Whitney
Bio facilities
$3,362,144 0 18 Bioscience
Sean Mackay
CEO
3
SecBI
845 Canal St.
Stamford, CT 06902
NA; secbi.com
$1,500,000
Equity
Eli Whitney
$1,750,000 0 7 Information technology
Gilad Peleg
CEO
4
Arccos Golf LLC
700 Canal St., Sutie 12B
Stamford, CT 06902
844-692-7226; arccosgolf.com
$1,500,000
Conventional debt
Eli Whitney
$2,500,000 22 0 Information technology
Salman Sayed
Co-founder
5
Payveris
200 Corporate Place, Suite 200
Rocky Hill, CT 06067
860-896-8350; payveris.com
$1,250,000
Equity
Eli Whitney
$5,500,000 7 10 Information technology
Jeffrey Weikert
President
6
Arvinas Inc.
5 Science Park
New Haven, CT 06511
203-535-1456; arvinas.com
$1,202,590
Equity
Eli Whitney
Bio facilities
$40,466,207 0 39 Bioscience
Manny Litchman
President & CEO
7
Soft Tissue Regeneration Inc.
195 Church St., 17th Floor
New Haven, CT 06510
973-879-6367;
softtissueregeneration.com
$1,018,959
Equity
Eli Whitney
$1,972,201 0 2 Bioscience
Kevin Rocco
Director
8
Aeromics Inc.
28 School St.
Branford, CT 06405
203-208-8864; aeronomics.com
$1,000,000
Conventional debt
Eli Whitney
$2,450,000 0 4 Bioscience
Marc Pelletier
CEO
9
Thetis Pharmaceuticals LLC
167 Old Post Road
Southport, CT 06890
860-213-1235; www.thetispharma.com
$1,000,000
Equity
Eli Whitney
$3,000,000 1 1 Bioscience
Gary Mathias
CEO
10
Tangen Biosciences Inc.
780 E. Main St.
Branford, CT 06405
203-433-4045; tangenbio.com
$721,244
Equity
CBIF
Eli Whitney
$500,000 0 8 Bioscience
John Nobile
President & CEO
11
Sirona Medical Technologies Inc.
360 Bloomfield Ave.
Windsor, CT 06095
617-348-0208; NA
$650,000
Equity
Eli Whitney
$1,300,000 0 0 Bioscience
Ali Haghighi-Mood
President
Sources: CT Innovations, individual companies and www.manta.com.
Notes: Jobs retained and created may be attributable to more than one instance of aid received in the same year. Amount leveraged represents the amount the company was able to secure via other sources such as bank lenders or venture capital
investors. NA= Not available; CBIF = Connecticut Bioscience Innovation Fund.
—Compiled by Stephanie R. Meagher.