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Bankwell Bank
New Canaan, CT · Active Lender · National rank #126
Bankwell Bank approved 68 SBA 7(a) loans in FY2025, ranking #126 nationally, with an average loan size of $862,051 and its highest activity in Florida, Texas, and California.
Bankwell Bank, headquartered in New Canaan, Connecticut, is an active participant in the U.S. Small Business Administration's 7(a) loan program. According to FY2025 SBA 7(a) lender activity data, Bankwell Bank approved 68 SBA 7(a) loans totaling $58,619,500 in approved dollars. Of that amount, $44,966,775 was backed by the SBA guaranty. The average loan size across these transactions was $862,051, indicating a focus on larger commercial loans compared to many community-based SBA lenders.
Bankwell Bank ranked #126 nationally by SBA 7(a) loan volume in FY2025. While based in Connecticut, the bank's SBA lending activity extended well beyond its home state, with the highest concentrations of loans in Florida (12 loans), Texas (7 loans), and California (6 loans). In total, FY2025 SBA data shows Bankwell Bank served borrowers across 24 states, including New Jersey, Georgia, Pennsylvania, Illinois, North Carolina, Massachusetts, South Carolina, Michigan, New York, Nevada, Colorado, Virginia, Delaware, Idaho, Oregon, Wisconsin, Montana, Utah, Alabama, and Louisiana.
This distribution of lending activity, spanning far from its Connecticut headquarters, suggests Bankwell Bank operates with a broader-than-local SBA lending footprint rather than being limited to its immediate regional market. All figures cited here are drawn exclusively from FY2025 SBA 7(a) lender activity data.
Where Bankwell Bank lends
| State | Loans | Dollars |
|---|---|---|
| Florida | 12 | $14,560,000 |
| Texas | 7 | $11,723,500 |
| California | 6 | $6,101,000 |
| New Jersey | 5 | $5,885,000 |
| Georgia | 5 | $4,446,000 |
| North Carolina | 2 | $2,755,000 |
| Connecticut | 4 | $2,310,000 |
| Pennsylvania | 4 | $2,120,000 |
| Illinois | 4 | $1,629,000 |
| Massachusetts | 2 | $1,095,000 |
| Nevada | 1 | $1,000,000 |
| South Carolina | 2 | $610,000 |
| Michigan | 2 | $580,000 |
| Colorado | 1 | $500,000 |
| Delaware | 1 | $500,000 |
Questions people ask
Is Bankwell Bank an SBA lender?
Yes, Bankwell Bank participated in the SBA 7(a) loan program and approved loans in FY2025.
How many SBA 7(a) loans did Bankwell Bank approve in FY2025?
Bankwell Bank approved 68 SBA 7(a) loans in FY2025.
What was the total dollar amount of Bankwell Bank's approved SBA loans?
Approved loans totaled $58,619,500 in FY2025.
What is Bankwell Bank's average SBA loan size?
The average loan size was $862,051 in FY2025.
How much of Bankwell Bank's SBA lending was government-guaranteed?
$44,966,775 of the approved dollars was covered by the SBA guaranty.
Where is Bankwell Bank headquartered?
Bankwell Bank is headquartered in New Canaan, Connecticut.
Where is Bankwell Bank most active with SBA lending?
Its top states by loan count in FY2025 were Florida (12 loans), Texas (7 loans), and California (6 loans).
Is Bankwell Bank a national or regional SBA lender?
Based on FY2025 data showing loans in 24 states outside its Connecticut base, Bankwell Bank's SBA lending extends beyond a purely regional footprint.
How does Bankwell Bank rank by SBA loan volume?
Bankwell Bank ranked #126 nationally in FY2025 SBA 7(a) lender activity data.
How many states did Bankwell Bank lend in during FY2025?
FY2025 data shows Bankwell Bank issued SBA 7(a) loans across 24 states.
Source: SBA 7(a) Lender Activity Report, FY2025 (data.sba.gov). GetFundedUSA is independent and not affiliated with Bankwell Bank; loan terms, rates and eligibility are set by the lender and the SBA, not GetFundedUSA.