Bankwell Bank
New Canaan, CT 6840
⭐ SBA Preferred LenderStates Served
Top Industries Financed
- Insurance Agencies and Brokerages
- Full-Service Restaurants
- Child Day Care Services
- All Other Professional, Scientific, and Technical Services
- Janitorial Services
Quick Summary
Bankwell Bank is an SBA-approved lender headquartered in New Canaan, Connecticut. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 135 SBA 7(a) loans totaling $169.6M, with an average loan size of $1.3M. They serve businesses across 28 states.
About Bankwell Bank
Bankwell Bank is an SBA-approved lender headquartered in New Canaan, Connecticut. Since 2020, they have approved 135 SBA 7(a) loans totaling $169.6M, with an average loan size of $1.3M. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 28 states.
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Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
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Frequently Asked Questions
Is Bankwell Bank an SBA Preferred Lender?
Yes, Bankwell Bank is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has Bankwell Bank approved?
According to SBA FOIA public records, Bankwell Bank has approved 135 SBA 7(a) loans totaling $169.6M since 2020. Their average loan size is $1.3M.
What states does Bankwell Bank serve?
Bankwell Bank serves businesses in 28 states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Louisiana, Massachusetts, Maryland, Michigan, Montana, North Carolina, New Jersey, Nevada, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Virginia, Wisconsin.
How do I apply for an SBA loan with Bankwell Bank?
To apply for an SBA 7(a) loan with Bankwell Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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