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 |
|---|---|---|---|---|
| 2025-12 | First Savings Bank | R.A*****any | STAMFORD, CT | $960,000 |
| 2025-12 | Community Capital New York, Inc. | CT *****LLC | South Windsor, CT | $50,000 |
| 2025-12 | Manufacturers and Traders Trust Company | KIT*****LLC | ROCKY HILL, CT | $90,000 |
| 2025-11 | Webster Bank National Association | TUL*****TED | ROCKY HILL, CT | $300,000 |
| 2025-11 | Webster Bank National Association | TUL*****TED | ROCKY HILL, CT | $1,400,000 |
| 2025-11 | Connecticut Community Bank, National Association | NAM*****LLC | FAIRFIELD, CT | $350,000 |
| 2025-09 | First Bank of the Lake | Smi*****LLC | BETHEL, CT | $150,000 |
| 2025-09 | Bank of America, National Association | Int*****LLC | EAST HAMPTON, CT | $3,246,400 |
| 2025-09 | Bank of America, National Association | Fac*****.C. | WINDSOR, CT | $924,300 |
| 2025-09 | Live Oak Banking Company | Eas*****urn | EAST HAVEN, CT | $1,900,000 |
| 2025-08 | Newtek Bank, National Association | JIA*****LLC | Weston, CT | $750,000 |
| 2025-07 | TD Bank, National Association | Bar*****Inc | SOUTH WINDHAM, CT | $1,487,500 |
| 2025-04 | Grasshopper Bank National Association | MKM*****LLC | NEWINGTON, CT | $4,000,000 |
| 2025-03 | Northeast Bank | DEL*****LLC | Marion, CT | $250,000 |
| 2025-01 | Live Oak Banking Company | The*****any | MANCHESTER, CT | $4,500,000 |
| 2025-01 | Live Oak Banking Company | The*****any | MANCHESTER, CT | $1,336,400 |
| 2025-01 | Live Oak Banking Company | The*****any | MANCHESTER, CT | $500,000 |
| 2024-11 | BayFirst National Bank | KTW*****LLC | MILFORD, CT | $150,000 |
| 2024-11 | Newtek Bank, National Association | Kel*****LLC | Waterbury, CT | $1,500,000 |
| 2024-11 | Connecticut Community Bank, National Association | Aut*****LLC | NORWALK, CT | $50,000 |
| 2024-11 | Connecticut Community Bank, National Association | Aut*****LLC | NORWALK, CT | $1,142,500 |
| 2024-10 | First National Bank of Pennsylvania | Nut*****LLC | BRISTOL, CT | $1,837,500 |
| 2024-09 | Manufacturers and Traders Trust Company | CJ**LLC | HAMDEN, CT | $25,000 |
| 2024-09 | Northeast Bank | IDE*****NC. | Danbury, CT | $50,000 |
| 2024-07 | Northeast Bank | NEW*****LLC | Waterbury, CT | $250,000 |
| 2024-04 | BayFirst National Bank | SMI*****LLC | DANBURY, CT | $150,000 |
| 2024-03 | Community Investment Corporation | Dea*****LLC | Norwalk, CT | $90,000 |
| 2024-03 | Newtek Bank, National Association | RES*****INC | EAST HARTFORD, CT | $1,500,000 |
| 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 |
| 2023-11 | Liberty Bank | The*****any | MANCHESTER, CT | $1,369,000 |
| 2023-09 | BayFirst National Bank | Opp*****LLC | WINSTED, CT | $671,400 |
| 2023-08 | City National Bank | 125*****LLC | STRATFORD, CT | $637,500 |
| 2023-06 | CIBC Bank USA | Ori*****LLC | BERLIN, CT | $1,046,800 |
| 2023-06 | Newtek Bank, National Association | Ame*****LLC | WESTPORT, CT | $250,000 |
| 2023-05 | Valley National Bank | Sta*****Inc | BLOOMFIELD, CT | $1,428,000 |
| 2023-04 | TD Bank, National Association | Rag*****LLC | HAMDEN, CT | $208,000 |
| 2023-02 | Webster Bank National Association | PC *****INC | BRIDGEPORT, CT | $500,000 |
| 2022-12 | Webster Bank National Association | IND*****LLC | BRIDGEPORT, CT | $100,000 |
| 2022-12 | Webster Bank National Association | IND*****LLC | BRIDGEPORT, CT | $250,000 |
| 2022-09 | Union Savings Bank | Dep*****LLC | SOUTHBURY, CT | $75,000 |
| 2022-08 | UniBank for Savings | Sto*****Inc | DANIELSON, CT | $100,000 |
| 2022-06 | Centennial Bank | MAL*****LLC | STAMFORD, CT | $344,000 |
| 2022-04 | Webster Bank National Association | ALB*****LLC | HARTFORD, CT | $50,000 |
| 2022-04 | Webster Bank National Association | J &*****LLC | DURHAM, CT | $500,000 |
| 2022-03 | Manufacturers and Traders Trust Company | Ste*****LLC | WEST HARTFORD, CT | $250,000 |
| 2022-03 | Manufacturers and Traders Trust Company | Ste*****LLC | WEST HARTFORD, CT | $100,000 |
| 2022-02 | Newtek Small Business Finance, Inc. | Gre*****nc. | FAIRFIELD, CT | $500,000 |
| 2022-01 | Liberty Bank | MAT*****INC | WEST HARTFORD, CT | $600,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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