SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in Connecticut: Top Lenders
NAICS 423NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses in Connecticut. Based on historical SBA 7(a) lending data.
Total Approvals
20
in Connecticut
Median Loan Size
$392,000
per approval
Recent Activity
2
last 90 days through Nov 2025
NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 20 approvals on record and a median loan size of $392,000.
Key trends & insights
- Webster Bank, National Association leads this industry with 4 approvals (20% market share) and a median loan of $500,000.
Most active SBA lenders for Industrial Machinery and Equipment Merchant Wholesalers in Connecticut
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $500,000 | |
| 2 | 2 | $175,000 | |
| 3 | 2 | $40,000 | |
| 4 | 2 | $525,000 | |
| 5 | 1 | $344,000 | |
| 6 | 1 | $2,574,600 | |
| 7 | 1 | $75,000 | |
| 8 | 1 | $100,000 | |
| 9 | 1 | $750,000 | |
| 10 | 1 | $550,000 | |
| 11 | 1 | $25,000 | |
| 12 | 1 | $90,000 | |
| 13 | 1 | $4,500,000 | |
| 14 | 1 | $250,000 |
Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in Connecticut
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | Webster Bank National Association | TUL*****TED | ROCKY HILL, CT | $1,400,000 |
| 2025-08 | Newtek Bank, National Association | JIA*****LLC | Weston, CT | $750,000 |
| 2025-03 | Northeast Bank | DEL*****LLC | Marion, CT | $250,000 |
| 2025-01 | Live Oak Banking Company | The*****any | MANCHESTER, CT | $4,500,000 |
| 2024-07 | Northeast Bank | NEW*****LLC | Waterbury, CT | $250,000 |
| 2024-03 | Community Investment Corporation | Dea*****LLC | Norwalk, CT | $90,000 |
| 2024-02 | Manufacturers and Traders Trust Company | Dar*****Inc | WEST HARTFORD, CT | $30,000 |
| 2024-02 | TD Bank, National Association | MH *****LLC | FARMINGTON, CT | $250,000 |
| 2023-12 | Webster Bank National Association | TAB*****.C. | NEWINGTON, CT | $440,000 |
| 2023-02 | Webster Bank National Association | PC *****INC | BRIDGEPORT, CT | $500,000 |
| 2022-06 | Centennial Bank | MAL*****LLC | STAMFORD, CT | $344,000 |
| 2022-04 | Webster Bank National Association | J &*****LLC | DURHAM, CT | $500,000 |
| 2022-02 | Newtek Small Business Finance, Inc. | Gre*****nc. | FAIRFIELD, CT | $500,000 |
| 2022-01 | Liberty Bank | MAT*****INC | WEST HARTFORD, CT | $600,000 |
| 2021-11 | Northwest Community Bank | A&***uns | TORRINGTON, CT | $75,000 |
| 2021-08 | KeyBank National Association | Kit*****LLC | Brandford, CT | $25,000 |
| 2021-05 | Manufacturers and Traders Trust Company | FRE*****LLC | Milford, CT | $50,000 |
| 2020-11 | Liberty Bank | End*****orp | Newington, CT | $450,000 |
| 2020-07 | TD Bank, National Association | ABC*****LLC | New Britain, CT | $125,000 |
| 2020-04 | PeoplesBank | Kin*****nc. | East Granby, CT | $2,574,600 |
| 2020-01 | TD Bank, National Association | vul*****llc | Stamford, CT | $100,000 |
| 2020-01 | Ives Bank | Ham*****LLC | BETHEL, CT | $100,000 |
| 2019-11 | Newtek Small Business Finance, Inc. | Cab*****LLC | MERIDEN, CT | $550,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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