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PPP loans in New London, Connecticut

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 6,749 Paycheck Protection Program loans for businesses it recorded in New London, $507.3 million in all.

New London, as of September 30, 2024

$507.3 million
Approved
$507,264,234
5.1% of the $9.9 billion approved in Connecticut.
6,749
Loans
4,756 first draws and 1,993 second draws.
96.3%
Forgiven
6,502 of 6,749 loans carry a forgiveness amount, $499.7 million in all.
2.5%
Charged off
172 of 6,749 loans, approved for $3.6 million. That is the loans' size, not what SBA lost.

The largest borrowers in New London · 2020–21

1 more column on a wider screen

The largest borrowers in New London, 2020–21
RankNameUSD
1United Community And Family Services, Inc., Norwich$6.3 million
2Cross Sound Ferry Services Inc, New London$5.3 million
3The Norwich Free Academy, Norwich$4.5 million
4Mitchell College, New London$4.4 million
5Telaid Industries, Inc., Niantic$3.6 million
6Prides Corner Farms, Inc, Lebanon$3.3 million
7S&S Worldwide, Colchester$2.8 million
8The Arc Eastern Connecticut, Norwich$2.8 million
9Sennheiser Electronic Corporation, Old Lyme$2.6 million
10Scott + Scott LLP, Attorneys At Law, Colchester$2.3 million
11Amgraph Packaging, Inc., Baltic$2.1 million
12Ht - Adriaen's Landing Hotel Trs LLC, Waterford$2.0 million
12S & S Worldwide Inc, Colchester$2.0 million
14Mystic Seaport Museum, Inc., Mystic$2.0 million
15Child And Family Agency Of Southeastern Connecticut Inc., New London$2.0 million
15Child And Family Agency Of Southeastern Connecticut, Inc., New London$2.0 million
17Odd Fellows Home Of Connecticut, Inc., Groton$2.0 million
18Sea Research Foundation Inc., Mystic$2.0 million
19Sea Research Foundation, Inc., Mystic$2.0 million
20The Day Publishing Co., New London$1.8 million
21Norwich Inn & Spa LLC, Norwich$1.8 million
22Ht - Adriaen's Landing Hotel Trs, LLC, Waterford$1.8 million
23Alpha Q, Inc., Colchester$1.7 million
24Sheffield Pharmaceuticals LLC, New London$1.7 million
25B & W Paving & Landscaping, LLC, Waterford$1.7 million
26Norwich Orthopedic Group P C., norwich$1.7 million
27Norwich Orthopedic Group, P.C., North Franklin$1.7 million
28Ht - 315 Trumbull Street Associates, LLC, Waterford$1.7 million
29Emprise Corporation, Ledyard$1.6 million
30Ssc Niantic Operating Company LLC, Niantic$1.5 million
31Waterford Hotel Group LLC, Waterford$1.5 million
32Whole Life Inc, New London$1.5 million
33Jump Higher- Connecticut LLC, Uncasville$1.5 million
34New London County Mutual Insurance Company, Norwich$1.5 million
35The Gilman Brothers Company, Gilman$1.4 million
36The Gilman Brothers Company, Gilman$1.4 million
37American Ambulance Service, Inc., Norwich$1.4 million
38Southeast Council On Alcoholism And Drug Dependence, Inc., Lebanon$1.4 million
39Jobtarget LLC, Groton$1.4 million
40Yellow Cab Garage Co Inc, Waterford$1.3 million
40Yellow Cab Garage Co, Inc, Waterford$1.3 million
42P&D Mechanical Inc., Colchester$1.3 million
42P&D Mechanical, Inc., Colchester$1.3 million
44Connecticut Behavioral Health Associates, P.C., New London$1.3 million
45Ddh Hotel Mystic LLC, Mystic$1.3 million
46Sound Community Services, Inc., New London$1.3 million
47Ssc Mystic Operating Company LLC, Mystic$1.3 million
48Dw Transport & Leasing, North Franklin$1.3 million
49D.W. Transport & Leasing Inc., North Franklin$1.3 million
50Defender Industries, Inc., Waterford$1.2 million
51International Cordage East Ltd, Colchester$1.2 million
52Seconn Fabrication LLC, Waterford$1.2 million
53Jobtarget, LLC, Groton$1.2 million
54Bayard Inc., New London$1.2 million
55Coastal Gourmet Inc, Mystic$1.1 million
56Carlin Contracting Co., Inc., Waterford$1.1 million
57Girard Motors Inc., Groton$1.1 million
58Girard Motors, Inc, Groton$1.1 million
59Secor's Auto Center Inc., New London$1.1 million
60Action Steel, LLC, Colchester$1.1 million
61Waterford Hotel Group LLC, Waterford$1.1 million
62Bayard Inc., New London$1.1 million
63Jacc Healthcare Center Of Norwich, LLC, Norwich$1.1 million
64Jump Higher- Connecticut, LLC, Uncasville$1.1 million
65Sully's Auto Sales & Service, Inc., New London$1.0 million
66Five Star Supermarkets Of New London ,Inc., New London$1.0 million
67Five Star Supermarkets Of Norwich,Inc., Norwich$996,227
68Ocean Radiology Associates Pc, New London$984,041
69Empire State Piping Co., Inc., Colchester$963,100
70Mohegan Renewable Energy, LLC, Uncasville$955,300
71Eastern Community, Waterford$950,000
72Eastern Connecticut Hematology Oncology Associates, P.C., Norwich$942,100
73Car Service Inc., New London$933,352
74F & F Distributors, New London$933,280
75Ddh Hotel Mystic, LLC, Mystic$925,177
76Mystic Healthcare & Rehabilitation Center LLC, Mystic$918,500
77Jonroccon LLC, Uncasville$907,833
78The Shack Restaurant LLC, East Lyme$902,300
79Whaling City Motors, Inc., Waterford$900,000
80Faria Beede Instruments Inc., North Stonington$874,907
81Faria Beede Instruments, Inc., North Stonington$874,900
82Sugar Fox 218 LLC, Ledyard$860,902
83Rk Bradley Associates Lp, Waterford$857,675
84D/E/F Services Group, Ltd., Jewett City$849,382
85Health Care Visions, Inc., New London$849,000
86Full Power Radio Inc., Ledyard$842,900
87Service Station Equipment Inc, North Franklin$838,376
88Trans-Oceanic Motors Ltd., Groton$837,189
88Trans-Oceanic Motors, Ltd., Groton$837,189
90Simpson Healthcare Executives, LLC, Old Lyme$836,100
91Full Power Radio, Inc., Ledyard$835,000
92Resolute Dental Partners LLC, New London$829,319
93The Nutmeg Companies, Inc., Norwich$817,075
94Coastal Gourmet Inc, West Mystic$815,504
95Williams Memorial Institute, New London$806,100
96Birk Manufacturing, Inc, East Lyme$796,500
97S&P Oyster Company, Mystic$782,855
98Jumbo Oriental LLC, Uncasville$782,778
99Lathrop Vending Company, Incorporated, Uncasville$781,900
100Unified Sports Inc., Waterford$775,000

How the list is drawn

  • 100 of the 6,386 borrowers ranked in New London are listed: every one ranked in the top 100, with ties. Borrowers approved the same amount share a rank, so the list can be longer than 100.
  • A borrower is ranked here when SBA recorded its first loan in New London. Its amount is summed over every loan it was approved, a first draw, a second or both, and is not what was forgiven or repaid, which each borrower’s page shows loan by loan.

Related

Sources

Compiled automatically from SBA Paycheck Protection Program (PPP) FOIA — loan-level data and Census Bureau county population estimates by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved