Webster Bank National Association
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Webster Bank National Association · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 158 | $49.0M | $310K | 3.4% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 92 | $37.5M | $408K | 2.0% |
| 541110 | Offices of Lawyers | 78 | $11.3M | $145K | 1.7% |
| 236118 | Residential Remodelers | 67 | $8.1M | $121K | 1.4% |
| 722513 | Limited-Service Restaurants | 67 | $14.7M | $220K | 1.4% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 66 | $18.9M | $286K | 1.4% |
| 812112 | Beauty Salons | 65 | $7.6M | $117K | 1.4% |
| 621210 | Offices of Dentists | 64 | $21.1M | $330K | 1.4% |
| 811111 | General Automotive Repair | 63 | $11.1M | $175K | 1.3% |
| 713940 | Fitness and Recreational Sports Centers | 59 | $17.3M | $293K | 1.3% |
Geographic Distribution
SBA lending activity for Webster Bank National Association by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Connecticut (CT) | 3,004 | $690.0M | 64.3% |
| Massachusetts (MA) | 636 | $200.4M | 13.6% |
| New York (NY) | 609 | $177.8M | 13.0% |
| Rhode Island (RI) | 346 | $105.3M | 7.4% |
| New Jersey (NJ) | 55 | $31.6M | 1.2% |
| Colorado (CO) | 1 | $3.9M | 0.0% |
| New Hampshire (NH) | 8 | $3.8M | 0.2% |
| South Carolina (SC) | 2 | $988K | 0.0% |
| District of Columbia (DC) | 1 | $725K | 0.0% |
| Florida (FL) | 2 | $602K | 0.0% |
| Maine (ME) | 3 | $600K | 0.1% |
| Delaware (DE) | 1 | $500K | 0.0% |
| California (CA) | 1 | $141K | 0.0% |
| Pennsylvania (PA) | 1 | $50K | 0.0% |
Why Choose Webster Bank National Association?
Based on SBA 7(a) lending track record from 1991-2025
- ✓Proven Track Record: 4,670 SBA loans approved, totaling $1.22B in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Offices of Physicians (except Mental Health Specialists), Offices of Lawyers
- ✓Competitive Terms: Average interest rate of 7.04% with flexible term lengths averaging 110 months
- ✓Loan Range: Loan sizes from $50 to $5.0M, with an average of $260K
- ✓Nationwide Reach: Active lending in 14 states, with strong presence in CT, MA, NY
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Webster Bank National Association SBA lending
What types of businesses does Webster Bank National Association typically finance?
Webster Bank National Association specializes in SBA 7(a) lending to specific industries including full-service restaurants, offices of physicians (except mental health specialists), offices of lawyers, residential remodelers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Webster Bank National Association's typical SBA loan terms?
Webster Bank National Association's SBA 7(a) loans typically feature an average interest rate of 7.04% and average term length of 110 months (approximately 9 years). Loan sizes range from $50 to $5.0M, with an average loan size of $260K.
Do I need a business valuation for a Webster Bank National Association SBA loan?
Yes, Webster Bank National Association typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Webster Bank National Association compare to other SBA lenders?
Webster Bank National Association has originated 4,670 SBA loans totaling $1.22B since 1991. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Webster Bank National Association lend in?
Webster Bank National Association provides SBA 7(a) financing with particularly strong presence in CT, MA, NY, RI, NJ. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
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Explore Industry Reports →Need a Business Valuation?
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