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Torrington Savings Bank

TORRINGTON, CT 6790

24
Loans Approved
$4.0M
Total Volume
$165K
Avg Loan Size
1
States Served

States Served

Connecticut

Top Industries Financed

  • Electrical Contractors
  • Offices of Lawyers
  • Child Day Care Services
  • Paint and Wallpaper Stores
  • Exterminating and Pest Control Services

Quick Summary

Torrington Savings Bank is an SBA-approved lender headquartered in TORRINGTON, Connecticut. Since 2020, they have approved 24 SBA 7(a) loans totaling $4.0M, with an average loan size of $165K. They primarily serve Connecticut businesses.

About Torrington Savings Bank

Torrington Savings Bank is an SBA-approved lender headquartered in TORRINGTON, Connecticut. Since 2020, they have approved 24 SBA 7(a) loans totaling $4.0M, with an average loan size of $165K. They primarily serve businesses in Connecticut.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Torrington Savings Bank an SBA Preferred Lender?

Torrington Savings Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Torrington Savings Bank approved?

According to SBA FOIA public records, Torrington Savings Bank has approved 24 SBA 7(a) loans totaling $4.0M since 2020. Their average loan size is $165K.

What states does Torrington Savings Bank serve?

Torrington Savings Bank primarily serves businesses in Connecticut.

How do I apply for an SBA loan with Torrington Savings Bank?

To apply for an SBA 7(a) loan with Torrington Savings Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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