SBA Loans for Boat Dealers in Connecticut: Top Lenders

NAICS 441

NAICS 441 covers boat dealers businesses in Connecticut. Based on historical SBA 7(a) lending data.

Total Approvals

4

in Connecticut

Median Loan Size

$75,000

per approval

Recent Activity

0

last 90 days through Mar 2024

NAICS 441 covers boat dealers businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $75,000.

Key trends & insights

  • Boat Dealers in Connecticut lending is concentrated — Citizens Bank, National Association, Union Savings Bank, Webster Bank, National Association together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Citizens Bank, National Association leads this industry with 1 approvals (25% market share) and a median loan of $75,000.
  • Boat Dealers in Connecticut loans skew smaller than the SBA average at $75,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2024-03-25 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Boat Dealers in Connecticut

#LenderApprovalsMedian Size
11$75,000
21$100,000
31$75,000
41$50,000

Recent SBA 7(a) approvals for Boat Dealers in Connecticut

MonthLenderBorrowerAmount
2024-03Newtek Bank, National AssociationPRI*****LLC$50,000
2024-02Union Savings BankBro*****nc.$100,000
2022-11Readycap Lending, LLCJ M*****LLC$755,000
2022-05Webster Bank National AssociationFRA*****AGE$100,000
2021-08Webster Bank National AssociationBRI*****LLC$75,000
2020-02Citizens Bank, National AssociationCap*****LLC$75,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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