Jewett City Savings Bank: SBA loans in this registry

About this lender

Type

Bank

Headquarters

Jewett City, CT

FDIC certificate number

18237

Total assets

$493.9 million (as of June 30, 2026)

Established

1873

Offices

7

Website

www.jcsbank.com

Acquisition loans (7(a))

1 loan, $1.1M total, $1.1M average

Expansion loans (504, SBA portion)

4 loans, $10.1M total, $2.5M average

Approval dates

Jan 5, 2024 to Mar 16, 2026

Typical term (median)

acquisition loans: 10 years; expansion loans: 25 years

Initial interest rate (7(a))

8.5% to 8.5%, median 8.50%

Rate type (7(a))

100% variable, 0% fixed

Top industries

• Hotels (except Casino Hotels) and Motels: 3 loans
• Gasoline Stations with Convenience Stores: 1 loan
• Janitorial Services: 1 loan

Top states

• Connecticut: 5 loans

Largest deals

• Shree Hospitality, LLC, Groton, CT: $4,894,000 (504 SBA portion, Mar 4, 2025)
• La Quinta Inn & Suites, Plainfield, CT: $1,899,000 (504 SBA portion, Jun 26, 2025)
• Phillips 66, Moosup, CT: $1,831,000 (504 SBA portion, Mar 16, 2026)
• Hampton Inn, Groton, CT: $1,434,000 (504 SBA portion, Jan 5, 2024)
• Superior Hood Cleaning LLC, East Haven, CT: $1,085,000 (7(a) acquisition, Jul 16, 2025)

Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.

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