# KeyBank SBA loans in Connecticut

**Short answer:** SBA's loan file shows KeyBank made 191 SBA loans in Connecticut since October 2019. 84.8% went through SBA Express, against 67.5% of its loans nationally. 71.7% were lines of credit, against 53.7% of its loans nationally.

Canonical page: https://www.sbaexpress.loans/sba-express-lenders/keybank/connecticut/
Data as of: 2026-06-30

This site is not KeyBank

sbaexpress.loans is not KeyBank, and KeyBank did not provide, review or pay for this page. Janover Capital LLC runs this site. Every figure on this page comes from SBA's public 7(a) loan file, not from KeyBank.

These are the 191 SBA 7(a) loans [KeyBank](https://www.sbaexpress.loans/sba-express-lenders/keybank/) made in [Connecticut](https://www.sbaexpress.loans/connecticut-small-business-loans/) approved October 2019 to June 2026. Each figure is set against all of its loans in the U.S. over the same period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what the lender has done and not what it will do for you. Every state page for this lender uses this same period, so the pages can be compared with each other.

## How KeyBank differs in Connecticut

**What this means for you.** SBA Express was a more common route for these loans here, so ask KeyBank about it if your loan is small enough to qualify.

### SBA Express

84.8% of the loans in Connecticut went through SBA Express, against 67.5% of its loans nationally.

SBA Express, share of loans, Oct 2019 to Jun 2026

- Connecticut: 84.8%
- All its U.S. loans: 67.5%

### Lines of credit

71.7% of the loans in Connecticut were lines of credit, against 53.7% of its loans nationally.

Lines of credit, share of loans, Oct 2019 to Jun 2026

- Connecticut: 71.7%
- All its U.S. loans: 53.7%

### Startups

13.1% of the loans in Connecticut went to startups, where the loan opens the business, against 25.5% of its loans nationally.

Startups (the loan opens the business), share of loans, Oct 2019 to Jun 2026

- Connecticut: 13.1%
- All its U.S. loans: 25.5%

We compared 9 measures with the national figure for the same period, and these are the 3 that differ clearly. 2 more differences are in the table.

## Connecticut next to the U.S.

**Connecticut compared with all of KeyBank's U.S. loans, October 2019 to June 2026**

| Measure | Connecticut | All its U.S. loans | Reading |
| --- | --- | --- | --- |
| Lender's share of all SBA loans | 4.4% | 1.3% | Clearly higher |
| Median loan | $50,000 | $100,000 | Clearly lower |
| Middle half of loans | $25,000 to $200,000 | $30,000 to $454,000 | – |
| Startups (the loan opens the business) | 13.1% | 25.5% | Clearly lower |
| In business 2 years or less | 50.8% | 40.3% | No clear gap |
| In business more than 2 years | 33.5% | 31.1% | No clear gap |
| Change of ownership | 2.6% | 2.3% | No clear gap |
| SBA Express | 84.8% | 67.5% | Clearly higher |
| Lines of credit | 71.7% | 53.7% | Clearly higher |
| Median term | 10 years | 10 years | – |
| Median spread over Prime at approval | 2.94 points over Prime | 2.5 points over Prime | – |

Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference.

## What KeyBank lends to in Connecticut

The 5 industries below account for 33 of the 191 loans approved October 2019 to June 2026, or 17.3%. An industry is listed when it has 5 or more of them, five at most.

**Top industries in Connecticut**

| Industry | Loans | Share here | U.S. share |
| --- | --- | --- | --- |
| [Full-Service Restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/) | 10 | 5.2% | 6.3% |
| [Residential Remodelers](https://www.sbaexpress.loans/industries/residential-remodelers/) | 8 | 4.2% | 2.6% |
| [General Automotive Repair](https://www.sbaexpress.loans/industries/general-automotive-repair/) | 5 | 2.6% | Not in top 5 |
| Industrial Design Services | 5 | 2.6% | Not in top 5 |
| [Limited-Service Restaurants](https://www.sbaexpress.loans/industries/limited-service-restaurants/) | 5 | 2.6% | 4.5% |

Share here is the industry's share of the lender's loans in this state. U.S. share is its share of all the lender's loans nationally. Not in top 5 means it is not one of the lender's five most common industries.

## KeyBank in other states

Other states where these loans differ clearly from the national pattern, most loans first.

**KeyBank by state**

| State | Loans since October 2019 |
| --- | --- |
| [New York](https://www.sbaexpress.loans/sba-express-lenders/keybank/new-york/) | 816 |
| [Washington](https://www.sbaexpress.loans/sba-express-lenders/keybank/washington/) | 773 |
| [Pennsylvania](https://www.sbaexpress.loans/sba-express-lenders/keybank/pennsylvania/) | 374 |
| [Colorado](https://www.sbaexpress.loans/sba-express-lenders/keybank/colorado/) | 330 |
| [Indiana](https://www.sbaexpress.loans/sba-express-lenders/keybank/indiana/) | 196 |
| [Maine](https://www.sbaexpress.loans/sba-express-lenders/keybank/maine/) | 85 |
| [Alaska](https://www.sbaexpress.loans/sba-express-lenders/keybank/alaska/) | 78 |

## Other lenders in Connecticut

Other lenders in Connecticut with a clear difference from the national pattern, most loans first.

**Other lenders in Connecticut**

| Lender | Loans since October 2019 |
| --- | --- |
| [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/connecticut/) | 99 |
| [Celtic Bank](https://www.sbaexpress.loans/sba-express-lenders/celtic-bank/connecticut/) | 68 |

How to read this

Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. A lender's past loans do not describe its current credit policy. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/).

## Sources

- [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)
