STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
182
2010–2026
Total Volume
$30M
Gross loan amounts
States Active
3
With recorded loans
Programs
7(a) & 504
182 total segments
Union Savings Bank has a strong focus on existing businesses, with 90% of their deals serving this purpose. If you're looking to expand or refinance an established business, this lender may be a good fit.
With an average 7(a) spread of P+2.19%, Union Savings Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money on interest over the life of your loan.
The lender's 14% share of 504 loans indicates a balanced approach to funding, but it's slightly below the national average of 18%. If your project requires a significant real estate component, consider this when evaluating your options.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 25 504 loans, which use fixed SBA debenture rates.
States where Union Savings Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Retail Trade
Retail Trade
Restaurants & Food Service
Accommodation & Food Services
Manufacturing
Manufacturing
Food & Beverage Stores
Retail Trade
Wholesale Trade
Wholesale Trade
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
+ 7 more
All recorded SBA lending activity for Union Savings Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Connecticut · Specialty Trade Contractors · Under $150K | 7(a) | 21 | P+2.00% | $65K | Q4 2023 |
| Connecticut · Retail Trade · Under $150K | 7(a) | 10 | P+2.50% | $49K | Q2 2021 |
| Connecticut · Administrative & Waste Services · Under $150K | 7(a) | 10 | P+2.38% | $71K | Q4 2023 |
| Connecticut · Restaurants & Food Service · Under $150K | 7(a) | 8 | P+2.75% | $93K | Q3 2017 |
| Connecticut · Manufacturing · Under $150K | 7(a) | 8 | P+2.38% | $67K | Q3 2017 |
| Connecticut · Food & Beverage Stores · Under $150K | 7(a) | 7 | P+3.75% | $41K | Q4 2018 |
| Connecticut · Arts, Entertainment & Recreation · Under $150K | 7(a) | 6 | P+2.75% | $68K | Q3 2018 |
| Connecticut · Miscellaneous Retail · Under $150K | 7(a) | 5 | P+2.50% | $96K | Q2 2023 |
| Connecticut · Personal Care (Salons, Spas) · Under $150K | 7(a) | 5 | P+3.20% | $43K | Q1 2014 |
| Connecticut · Other Health Practitioners · Under $150K | 7(a) | 4 | P+2.38% | $88K | Q4 2018 |
| Connecticut · Accounting & Tax · Under $150K | 7(a) | 4 | P+2.00% | $50K | Q1 2017 |
| Connecticut · Engineering & Architecture · Under $150K | 7(a) | 4 | P+2.75% | $50K | Q4 2016 |
| Connecticut · Wholesale Trade · Under $150K | 7(a) | 4 | P+2.38% | $78K | Q3 2022 |
| Connecticut · Finance & Insurance · Under $150K | 7(a) | 3 | P+2.50% | $60K | Q3 2015 |
| Connecticut · Auto Dealers & Parts · Under $150K | 7(a) | 3 | P+2.25% | $83K | Q1 2024 |
| Connecticut · Auto Repair & Maintenance · $150K – $350K | 7(a) | 3 | P+1.50% | $233K | Q2 2024 |
| Connecticut · Administrative & Waste Services · $150K – $350K | 504 | 3 | — | $288K | Q1 2019 |
| Connecticut · Administrative & Waste Services · $150K – $350K | 7(a) | 3 | P+3.50% | $265K | Q1 2012 |
| Connecticut · Other Repair & Services · Under $150K | 7(a) | 3 | P+2.00% | $58K | Q2 2017 |
| Connecticut · Management & IT Consulting · Under $150K | 7(a) | 3 | P+1.75% | $82K | Q3 2013 |
| Connecticut · Management & IT Consulting · $150K – $350K | 7(a) | 2 | P+2.00% | $180K | Q1 2013 |
| Connecticut · Building Construction · Under $150K | 7(a) | 2 | P+2.00% | $75K | Q1 2016 |
| Connecticut · Heavy & Civil Engineering · Under $150K | 7(a) | 2 | P+1.47% | $75K | Q4 2017 |
| Connecticut · Food & Beverage Stores · $150K – $350K | 7(a) | 2 | P+2.75% | $225K | Q2 2011 |
| Connecticut · Restaurants & Food Service · $150K – $350K | 7(a) | 2 | P+2.88% | $238K | Q3 2012 |
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