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Limited-Service Restaurants: SBA acquisition loans in Connecticut

5 SBA-financed business acquisitions in Connecticut classified as Limited-Service Restaurants, FY2024–FY2026. Median loan $350K. See which lenders did them.

SBA 7(a) change-of-ownership approvals · FY2024–FY2026 · Data through September 30, 2026

Acquisitions financed: 5
Total approved: $1.6M
Median loan: $350K
Middle half of loans: $321K to $400K
Median starting rate: 10.00%
Median term: 10 yrs

How to interpret this profile and build a shortlist →

Small sample. This local profile has 5 recorded approvals in FY2024–FY2026. For a broader comparison, open the Connecticut state profile or the national industry profile.

Lenders that financed these deals

#	Lender	Loans	Share	Median loan	Total approved
1	Live Oak Banking Company	3	60%	$400K	$1.2M
2	Manufacturers and Traders Trust Company	2	40%	$173K	$346K

For comparison, the same industry nationwide: 826 loans, median $414K, median starting rate 9.50%. See Limited-Service Restaurants in every state.

Deals by SBA fiscal year

FY20183 loans, $1.8M

FY20201 loans, $262K

FY20221 loans, $670K

FY20232 loans, $1.1M

FY20241 loans, $350K

FY20251 loans, $400K

FY20263 loans, $826K

Reading these numbers

The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.