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SBA 7(a) record
BankNewport: SBA 7(a) loans made
BankNewport, a bank based in Middletown, RI, made 160 SBA 7(a) loans in the 36 months ending September 30, 2026, $11.2M in all, net of cancelled approvals. The typical loan was about $55K, and 63 were in the last 12 months. Most were in Rhode Island.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 160
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $11.2M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $55K
- SBA FOIA,
- Largest loan
- $500K
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 63
- SBA FOIA,
Cite this
Source: The Lender Report, BankNewport: SBA 7(a) loans made, https://lender.report/lender/banknewport-ri/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Sep 2026 | Rhode Island | SBA 7(a), Plumbing, Heating, and Air-Conditioning Contractors | $100K | 6.75% | 10 yr | SBA FOIA | |
| Sep 2026 | Rhode Island | SBA 7(a), Retail Trade | $50K | 6.75% | 10 yr | SBA FOIA | |
| Sep 2026 | Rhode Island | SBA 7(a), Residential Remodelers | $30K | 11.75% | 5 yr | SBA FOIA | |
| Sep 2026 | Rhode Island | SBA 7(a), Professional, Scientific, and Technical Services | $20K | 12.75% | 5 yr | SBA FOIA | |
| Sep 2026 | Rhode Island | SBA 7(a), Construction | $15K | 6.75% | 10 yr | SBA FOIA | |
| Aug 2026 | Rhode Island | SBA 7(a), Landscaping Services | $100K | 6% | 5 yr | SBA FOIA | |
| Aug 2026 | Rhode Island | SBA 7(a), Landscaping Services | $80K | 6% | 5 yr | SBA FOIA | |
| Aug 2026 | Rhode Island | SBA 7(a), Landscaping Services | $50K | 6.75% | 10 yr | SBA FOIA | |
| Aug 2026 | Rhode Island | SBA 7(a), Utilities | $50K | 11% | 10 yr | SBA FOIA | |
| Aug 2026 | Connecticut | SBA 7(a), Full-Service Restaurants | $40K | 6.75% | 10 yr | SBA FOIA | |
| Aug 2026 | Rhode Island | SBA 7(a), Manufacturing | $27K | 6% | 5 yr | SBA FOIA | |
| Aug 2026 | Rhode Island | SBA 7(a), All Other Personal Services | $10K | 6.75% | 10 yr | SBA FOIA | |
| Jul 2026 | Rhode Island | SBA 7(a), Manufacturing | $50K | 6.75% | 10 yr | SBA FOIA | |
| Jul 2026 | Rhode Island | SBA 7(a), Manufacturing | $30K | 6.75% | 10 yr | SBA FOIA | |
| Jun 2026 | Rhode Island | SBA 7(a), Wholesale Trade | $100K | 6% | 5 yr | SBA FOIA | |
| Jun 2026 | Rhode Island | SBA 7(a), Full-Service Restaurants | $100K | 6% | 5 yr | SBA FOIA | |
| Jun 2026 | Rhode Island | SBA 7(a), Construction | $100K | 6% | 5 yr | SBA FOIA | |
| Jun 2026 | Rhode Island | SBA 7(a), Manufacturing | $100K | 6% | 5 yr | SBA FOIA | |
| Jun 2026 | Rhode Island | SBA 7(a), Electrical Contractors and Other Wiring Installation Contractors | $100K | 6.75% | 10 yr | SBA FOIA | |
| Jun 2026 | Rhode Island | SBA 7(a), All Other Specialty Trade Contractors | $100K | 6.75% | 10 yr | SBA FOIA | |
| Jun 2026 | Massachusetts | SBA 7(a), General Automotive Repair | $70K | 6% | 5 yr | SBA FOIA | |
| Jun 2026 | Connecticut | SBA 7(a), Manufacturing | $63K | 6.75% | 10 yr | SBA FOIA | |
| Jun 2026 | Rhode Island | SBA 7(a), Retail Trade | $55K | 6% | 5 yr | SBA FOIA | |
| Jun 2026 | Rhode Island | SBA 7(a), Full-Service Restaurants | $50K | 6.75% | 10 yr | SBA FOIA | |
| Jun 2026 | Rhode Island | SBA 7(a), Retail Trade | $45K | 6% | 5 yr | SBA FOIA | |
| 160 SBA 7(a) loans since October 2023, net of cancelled | $11.2M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| Rhode Island | 149 | $9.98M |
| Massachusetts | 8 | $1.05M |
| Connecticut | 3 | $178K |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 153 | $9.12M |
| $150K to $350K | 4 | $780K |
| $350K to $1M | 3 | $1.31M |
| $1M to $2.5M | 0 | $0 |
| $2.5M or more | 0 | $0 |
| Quarter | Loans | Dollars |
|---|---|---|
| 2024 Q1 | 7 | $570K |
| 2024 Q2 | 13 | $1.84M |
| 2024 Q3 | 10 | $436K |
| 2024 Q4 | 14 | $860K |
| 2025 Q1 | 28 | $1.49M |
| 2025 Q2 | 15 | $825K |
| 2025 Q3 | 10 | $991K |
| 2025 Q4 | 9 | $560K |
| 2026 Q1 | 13 | $936K |
| 2026 Q2 | 27 | $2.06M |
| 2026 Q3 | 14 | $652K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | Loans |
|---|---|
| Full-Service Restaurants (722511) | 11 |
| Landscaping Services (561730) | 11 |
| All Other Specialty Trade Contractors (238990) | 9 |
| Construction | 8 |
| Retail Trade | 8 |
| Limited-Service Restaurants (722513) | 7 |
| Manufacturing | 7 |
| New Single-Family Housing Construction (except For-Sale Builders) (236115) | 7 |
| Retail Trade | 6 |
| Professional, Scientific, and Technical Services | 5 |
| Transportation and Warehousing | 5 |
| Wholesale Trade | 5 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| SBA Express Program | 160 |
- BankNewport made 160 SBA 7(a) loans totaling $11.2M in the 36 months ending September 30, 2026, net of cancelled approvals, in 3 states. SBA FOIA,
- 63 of them were in the 12 months to September 30, 2026, and 67 in the 12 months before. SBA FOIA,
- The typical loan was about $55K, with the middle half between $30K and $100K. SBA FOIA,
- The largest was about $500K. Every amount is rounded to 2 significant figures. SBA FOIA,
- 153 loans were under $150K, and 0 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 11.75% on 160 loans, with the middle half between 8.75% and 12.75%. SBA FOIA,
- The median term was 10 years. SBA FOIA,
- Its loans went most often to Full-Service Restaurants, with 11. SBA FOIA,
- The SBA file lists 160 of its loans as processed under SBA Express Program. SBA FOIA,
- Its loans were most often in Rhode Island (149), Massachusetts (8) and Connecticut (3). SBA FOIA,
What we don't know
- Whether BankNewport is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.