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SBA Loans for Insurance Agencies and Brokerages in Connecticut: Top Lenders

NAICS 524

NAICS 524 covers insurance agencies and brokerages businesses in Connecticut. Based on historical SBA 7(a) lending data.

Total Approvals

8

in Connecticut

Median Loan Size

$100,000

per approval

Recent Activity

1

last 90 days through Aug 2025

NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 8 approvals on record and a median loan size of $100,000.

Key trends & insights

  • Insurance Agencies and Brokerages in Connecticut lending is concentrated — Manufacturers AND Traders Trust Company, TD Bank, National Association, Webster Bank, National Association together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Manufacturers AND Traders Trust Company leads this industry with 4 approvals (50% market share) and a median loan of $27,500.
  • Insurance Agencies and Brokerages in Connecticut loans skew smaller than the SBA average at $100,000 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 Insurance Agencies and Brokerages in Connecticut

#LenderApprovalsMedian Size
1
Manufacturers AND Traders Trust Company
4$27,500
2
TD Bank, National Association
1$50,000
3
Webster Bank, National Association
1$200,000
4
Newtek Bank, National Association
1$150,000
5
Harvest Small Business Finance, LLC
1$349,500

Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Connecticut

MonthLenderBorrowerAmount
2025-08TD Bank, National AssociationTif*****yen$50,000
2025-05Connecticut Community Bank, National AssociationSar*****ncy$299,300
2025-03Manufacturers and Traders Trust CompanyLoy*****oup$409,500
2025-03Manufacturers and Traders Trust CompanyLoy*****oup$25,000
2025-03Bankwell BankPle*****LLC$1,435,000
2025-03Newtek Bank, National AssociationA a*****LLC$150,000
2025-02TD Bank, National AssociationEll*****nc.$25,000
2024-10Cadence BankEV***INC$200,000
2024-09JPMorgan Chase Bank, National AssociationGar*****LLC$590,000
2024-09Newtek Bank, National AssociationWil*****LLC$1,750,000
2024-07Live Oak Banking CompanyPOW*****LLC$2,281,000
2024-03Newtek Bank, National AssociationWil*****LLC$150,000
2024-01Manufacturers and Traders Trust CompanyKA***LLC$30,000
2023-12Manufacturers and Traders Trust Company1ST*****LLC$30,000
2023-11Newtek Bank, National AssociationWil*****LLC$1,000,000
2023-09Manufacturers and Traders Trust CompanyARG*****INC$95,000
2023-09Manufacturers and Traders Trust CompanyLan****LLC$50,000
2023-08TD Bank, National AssociationA. *****LLC$25,000
2023-07BayFirst National BankWil*****LLC$150,000
2023-05Manufacturers and Traders Trust CompanyOAK*****LLC$8,000
2022-09Webster Bank National AssociationCON*****.C.$2,270,000
2022-02Manufacturers and Traders Trust CompanyLon*****orp$100,000
2022-02Manufacturers and Traders Trust CompanyLon*****orp$1,497,000
2021-10Webster Bank National AssociationRIT*****LLC$20,000
2021-09Manufacturers and Traders Trust CompanyWAR*****LLC$25,000
2021-08Webster Bank National AssociationPRO*****LLC$200,000
2021-08Jewett City Savings BankPar*****LLC$1,000,000
2021-08Harvest Small Business Finance, LLCThe*****ncy$349,500
2021-07KeyBank National AssociationIns*****LLC$126,000
2021-06Manufacturers and Traders Trust CompanyYou*****LLC$150,000
2021-04Manufacturers and Traders Trust CompanyStr*****LLC$326,000
2021-04Manufacturers and Traders Trust CompanyStr*****LLC$150,000
2020-12Dime Community BankAJC*****LLC$803,000
2020-07Live Oak Banking CompanyThe*****ies$1,145,000
2020-01Northwest Community BankMBA*****LLC$1,600,000
2019-11TD Bank, National AssociationKA***LLC$20,000

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

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