SBA Loans for Hotels (except Casino Hotels) and Motels in Connecticut: Top Lenders
NAICS 721NAICS 721 covers hotels (except casino hotels) and motels businesses in Connecticut. Based on historical SBA 7(a) lending data.
Total Approvals
3
in Connecticut
Median Loan Size
$930,000
per approval
Recent Activity
1
last 90 days through Aug 2025
NAICS 721 covers hotels (except casino hotels) and motels businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $930,000.
Key trends & insights
- Hotels (except Casino Hotels) and Motels in Connecticut lending is concentrated — Poppy Bank, Hanover Community Bank, Seacoast National Bank together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Poppy Bank leads this industry with 1 approvals (33% market share) and a median loan of $150,000.
- Hotels (except Casino Hotels) and Motels in Connecticut loans run larger than the SBA average — a $930,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
Most active SBA lenders for Hotels (except Casino Hotels) and Motels in Connecticut
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $150,000 | |
| 2 | 1 | $930,000 | |
| 3 | 1 | $1,489,000 |
Recent SBA 7(a) approvals for Hotels (except Casino Hotels) and Motels in Connecticut
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | Seacoast National Bank | SCI*****LLC | Ledyard, CT | $1,489,000 |
| 2023-11 | Hanover Community Bank | Roy*****any | BERLIN, CT | $930,000 |
| 2020-07 | Shoreham Bank | 383*****LLC | Windsor Locks, CT | $5,000,000 |
| 2019-10 | Poppy Bank | Ati*****LLC | NORWICH, CT | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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