SBA Loans for Machine Shops in Connecticut: Top Lenders
NAICS 332NAICS 332 covers machine shops businesses in Connecticut. Based on historical SBA 7(a) lending data.
Total Approvals
15
in Connecticut
Median Loan Size
$175,000
per approval
Recent Activity
1
last 90 days through Nov 2025
NAICS 332 covers machine shops businesses. This is a smaller category in SBA 7(a) lending with 15 approvals on record and a median loan size of $175,000.
Key trends & insights
- Machine Shops in Connecticut lending is concentrated — Webster Bank, National Association, Manufacturers AND Traders Trust Company, TD Bank, National Association together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Webster Bank, National Association leads this industry with 6 approvals (40% market share) and a median loan of $100,000.
- Machine Shops in Connecticut loans skew smaller than the SBA average at $175,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Machine Shops in Connecticut
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 6 | $100,000 | |
| 2 | 2 | $137,500 | |
| 3 | 1 | $250,000 | |
| 4 | 1 | $150,000 | |
| 5 | 1 | $500,000 | |
| 6 | 1 | $252,000 | |
| 7 | 1 | $150,000 | |
| 8 | 1 | $835,000 | |
| 9 | 1 | $500,000 |
Recent SBA 7(a) approvals for Machine Shops in Connecticut
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | Celtic Bank Corporation | Pla*****LLC | Waterbury, CT | $835,000 |
| 2025-02 | Webster Bank National Association | DAS*****NC. | WATERBURY, CT | $100,000 |
| 2024-08 | Ion Bank | Geo*****LLC | HAMDEN, CT | $500,000 |
| 2024-02 | Manufacturers and Traders Trust Company | T.E*****Inc | MIDDLEFIELD, CT | $250,000 |
| 2024-02 | Ives Bank | Met*****LLC | BANTAM, CT | $500,000 |
| 2023-06 | Bank of America, National Association | Ind*****nc. | ANSONIA, CT | $252,000 |
| 2022-10 | BayFirst National Bank | The*****LLC | STAMFORD, CT | $150,000 |
| 2022-05 | Webster Bank National Association | INF*****LLC | TERRYVILLE, CT | $50,000 |
| 2022-05 | Webster Bank National Association | INF*****LLC | TERRYVILLE, CT | $636,800 |
| 2022-02 | TD Bank, National Association | Eas*****LLC | BOZRAH, CT | $250,000 |
| 2021-08 | Webster Bank National Association | P T*****ANY | DERBY, CT | $100,000 |
| 2021-08 | Webster Bank National Association | DAN*****ION | CHESHIRE, CT | $60,000 |
| 2021-05 | Webster Bank National Association | KAC*****LLC | HAMDEN, CT | $517,500 |
| 2021-02 | Manufacturers and Traders Trust Company | Cop*****LLC | FAIRFIELD, CT | $25,000 |
| 2020-11 | Liberty Bank | SMS*****LLC | Hamden, CT | $150,000 |
| 2020-01 | Webster Bank National Association | Kas*****nc. | Enfield, CT | $175,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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