Geography · SBA lending record
SBA lenders in Rhode Island
865 SBA 7(a) loans in the last five years, from 86 different lenders. Here is who actually lends here.
Loans, last 5 years
865
Lent
$293.9M
last 5 fiscal years
Active lenders
86
wrote at least one loan
Typical loan
$100k
median approved
Default rate
3.1%
nationally 2.1%
Who lends here most
last 5 fiscal years| Lender | Loans in RI | Typical loan | Typical rate |
|---|---|---|---|
| BankNewport | 112 | $60k | P+4.46 |
| TD Bank, National Association | 98 | $25k | P+4.28 |
| Beacon Bank and Trust | 83 | $100k | P+1.99 |
| Eastern Bank | 67 | $150k | P+1.33 |
| Webster Bank National Association | 54 | $132k | P+1.59 |
| Bristol County Savings Bank | 40 | $100k | P+1.00 |
| Navigant CU · too few loans nationally for a page | 34 | $196k | P+1.39 |
| Santander Bank, National Association | 26 | $50k | P+4.90 |
| The Huntington National Bank | 25 | $247k | P+2.47 |
| Citizens Bank, National Association | 24 | $398k | P+2.60 |
Volume is not quality — but a lender who does hundreds of deals in your state knows your market, and probably your industry too.
What gets funded here
by industryHow big the loans are
If your need sits in a band that barely exists here, widen your search to national lenders rather than assuming nobody will do it.
Next
Compare all lenders → Check your eligibility → Find your industry →
Source SBA 7(a) FOIA
Released 2026-06-30
Basis where the project is, not where the bank is
SBA lending in other states
Mississippi · 1,279Nebraska · 1,266Arkansas · 1,193New Mexico · 978Delaware · 781Montana · 772West Virginia · 684Hawaii · 651
States with comparable volume, plus the three largest markets.