Danbury, CT — PPP Loan Data

Danbury, Connecticut received 2,660 Paycheck Protection Program loans totaling $259.8M. The average loan in the city was $97,670 — above the national program average of approximately $67,000.

95.0% of loans in Danbury — totaling $247.7M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Danbury were FUELCELL ENERGY, INC. ($6,515,045), IMPERO WASTE SERVICES, LLC ($3,833,455), and CONNECTICUT INSTITUTE FOR COMMUNITIES INC ($3,663,000).

The most active industry sector in Danbury was Accommodation and Food Services with 190 loans worth $16.8M, followed by Personal Care Services (133 loans).

Applicants in Danbury reported retaining 26,535 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Danbury is part of Connecticut, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.