Buying a Business in Connecticut
What SBA acquisition lending actually looks like in Connecticut, from loan-level government data.
FY2025 Acquisition Loans
81
$106.3M approved
Median Loan
$725,000
FY2020 through FY2025
Loans Since FY2020
293
$344.2M in total approvals
Share of U.S. Activity
0.8%
Of change-of-ownership loans
Most Active Acquisition Lenders in Connecticut
- 1. Live Oak Banking Company54 loans
- 2. Manufacturers and Traders Trust Company33 loans
- 3. Liberty Bank15 loans
- 4. Beacon Bank and Trust14 loans
- 5. Webster Bank National Association13 loans
A lender being active in Connecticut does not require a local branch; several top SBA lenders work nationally. Build a shortlist with Lender Match.
What Gets Bought in Connecticut
- Full-Service Restaurants10 loans
- Private Mail Centers9 loans
- Hotels (except Casino Hotels) and Motels7 loans
- Insurance Agencies and Brokerages7 loans
- Beer, Wine, and Liquor Stores7 loans
Industry-specific pricing and diligence live in the Industry Buy Guides.
Method & Source
Computed from the SBA 7(a) FOIA loan-level dataset (FY2020 through FY2025), filtered to approvals flagged change of ownership with a Connecticut project address. Approvals, not closings; excludes conventional and 504 financing. Free to cite with attribution.
Everything here is educational information, not financial, legal, tax, or investment advice. Figures are estimates or cited third-party data; verify anything that matters against primary sources and your own advisors before acting on it.