SBA Loans for Insurance Agencies and Brokerages in Connecticut: Top Lenders
NAICS 524NAICS 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
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $27,500 | |
| 2 | 1 | $50,000 | |
| 3 | 1 | $200,000 | |
| 4 | 1 | $150,000 | |
| 5 | 1 | $349,500 |
Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Connecticut
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | TD Bank, National Association | Tif*****yen | BERLIN, CT | $50,000 |
| 2025-03 | Manufacturers and Traders Trust Company | Loy*****oup | WEST HARTFORD, CT | $409,500 |
| 2025-03 | Manufacturers and Traders Trust Company | Loy*****oup | HARTFORD, CT | $25,000 |
| 2024-03 | Newtek Bank, National Association | Wil*****LLC | Torrington, CT | $150,000 |
| 2023-12 | Manufacturers and Traders Trust Company | 1ST*****LLC | BRISTOL, CT | $30,000 |
| 2023-07 | BayFirst National Bank | Wil*****LLC | TORRINGTON, CT | $150,000 |
| 2023-05 | Manufacturers and Traders Trust Company | OAK*****LLC | HARWINTON, CT | $8,000 |
| 2022-02 | Manufacturers and Traders Trust Company | Lon*****orp | NORWALK, CT | $100,000 |
| 2022-02 | Manufacturers and Traders Trust Company | Lon*****orp | NORWALK, CT | $1,497,000 |
| 2021-08 | Webster Bank National Association | PRO*****LLC | WEST HARTFORD, CT | $200,000 |
| 2021-08 | Harvest Small Business Finance, LLC | The*****ncy | CHESHIRE, CT | $349,500 |
| 2021-07 | KeyBank National Association | Ins*****LLC | Hartford, CT | $126,000 |
| 2020-01 | Northwest Community Bank | MBA*****LLC | Avon, CT | $1,600,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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