--- title: SBA 7(a) Lenders in Rhode Island: 66 Made Loans in 3 Years url: https://lender.report/sba-7a-lenders/rhode-island/ license: https://lender.report/license/ --- SBA 7(a) ยท RI # SBA 7(a) lenders in Rhode Island 66 lenders made at least one SBA 7(a) loan in Rhode Island in the 36 months ending September 30, 2026. BankNewport made the most, with 149 of the 653 on record. **Evidence** Lender recorded at least one SBA 7(a) loan to a business in Rhode Island in the 36 months ending September 30, 2026 **Data as of** SBA, September 30, 2026 **Page last changed** November 11, 2026 **Lenders on record** 66 SBA FOIA, Sep 30, 2026 **Loans, 36 months** 653 SBA FOIA, Sep 30, 2026 Approvals, net of cancelled **Dollars, 36 months** $205M SBA FOIA, Sep 30, 2026 **Approvals, last 12 months** 154 SBA FOIA, Sep 30, 2026 -45.8% from the prior 12 months Cite this Source: The Lender Report, SBA 7(a) lenders in Rhode Island, https://lender.report/sba-7a-lenders/rhode-island/, data as of September 30, 2026. ## Describe a deal in Rhode Island See which of these lenders made loans like yours, at your size and in your place. No account and no form. [Show SBA 7(a) loans in Rhode Island](https://lender.report/comps/?lane=sba_7a&state=RI)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans | Dollars | | --- | --- | --- | --- | --- | | [BankNewport](https://lender.report/lender/banknewport-ri/) [SBA 7(a) record](https://lender.report/lender/banknewport-ri/sba-7a/) | Bank | Middletown, RI | 149 | $9.97M | | [TD Bank, National Association](https://lender.report/lender/td-bank-de/) [SBA 7(a) record](https://lender.report/lender/td-bank-de/sba-7a/) | Bank | Wilmington, DE | 56 | $4.58M | | [Beacon Bank and Trust](https://lender.report/lender/beacon-bank-and-trust-ma/) [SBA 7(a) record](https://lender.report/lender/beacon-bank-and-trust-ma/sba-7a/) | Bank | Boston, MA | 53 | $16.1M | | [Santander Bank, N.A.](https://lender.report/lender/santander-bank-de/) [SBA 7(a) record](https://lender.report/lender/santander-bank-de/sba-7a/) | Bank | Wilmington, DE | 42 | $10.4M | | [Eastern Bank](https://lender.report/lender/eastern-bank-ma/) [SBA 7(a) record](https://lender.report/lender/eastern-bank-ma/sba-7a/) | Bank | Boston, MA | 38 | $8.36M | | [Bristol County Savings Bank](https://lender.report/lender/bristol-county-savings-bank-ma/) [SBA 7(a) record](https://lender.report/lender/bristol-county-savings-bank-ma/sba-7a/) | Bank | Taunton, MA | 24 | $6.49M | | [Readycap Lending, LLC](https://lender.report/lender/readycap-lending-nj/) [SBA 7(a) record](https://lender.report/lender/readycap-lending-nj/sba-7a/) | Non-bank | Berkeley Heights, NJ | 21 | $12.9M | | [The Huntington National Bank](https://lender.report/lender/huntington-national-bank-oh/) [SBA 7(a) record](https://lender.report/lender/huntington-national-bank-oh/sba-7a/) | Bank | Columbus, OH | 19 | $8.91M | | [Navigant Credit Union](https://lender.report/lender/navigant-credit-union-ri/) [SBA 7(a) record](https://lender.report/lender/navigant-credit-union-ri/sba-7a/) | Credit union | Smithfield, RI | 18 | $5.11M | | [Citizens Bank, National Association](https://lender.report/lender/citizens-bank-ri/) [SBA 7(a) record](https://lender.report/lender/citizens-bank-ri/sba-7a/) | Bank | Providence, RI | 16 | $11.4M | | [Newtek Bank, National Association](https://lender.report/lender/newtek-bank-fl/) [SBA 7(a) record](https://lender.report/lender/newtek-bank-fl/sba-7a/) | Bank | Miami, FL | 16 | $5.17M | | [Live Oak Banking Company](https://lender.report/lender/live-oak-banking-nc/) [SBA 7(a) record](https://lender.report/lender/live-oak-banking-nc/sba-7a/) | Bank | Wilmington, NC | 14 | $16.0M | | [Community Investment Corporation](https://lender.report/lender/community-investment-ct/) [SBA 7(a) record](https://lender.report/lender/community-investment-ct/sba-7a/) | Non-bank | Hamden, CT | 14 | $2.13M | | [Shoreham Bank](https://lender.report/lender/shoreham-bank-ri/) [SBA 7(a) record](https://lender.report/lender/shoreham-bank-ri/sba-7a/) | Savings | Warwick, RI | 13 | $7.18M | | [BayCoast Bank](https://lender.report/lender/baycoast-bank-ma/) [SBA 7(a) record](https://lender.report/lender/baycoast-bank-ma/sba-7a/) | Savings | Swansea, MA | 13 | $1.55M | | [Rockland Trust Company](https://lender.report/lender/rockland-trust-ma/) [SBA 7(a) record](https://lender.report/lender/rockland-trust-ma/sba-7a/) | Bank | Rockland, MA | 11 | $3.66M | | [Northeast Bank](https://lender.report/lender/northeast-bank-me/) [SBA 7(a) record](https://lender.report/lender/northeast-bank-me/sba-7a/) | Bank | Portland, ME | 11 | $1.33M | | [BayFirst National Bank](https://lender.report/lender/bayfirst-national-bank-fl/) [SBA 7(a) record](https://lender.report/lender/bayfirst-national-bank-fl/sba-7a/) | Bank | Saint Petersburg, FL | 10 | $1.12M | | [Bank of America, National Association](https://lender.report/lender/bank-of-america-nc/) [SBA 7(a) record](https://lender.report/lender/bank-of-america-nc/sba-7a/) | Bank | Charlotte, NC | 8 | $3.10M | | [JPMorgan Chase Bank, National Association](https://lender.report/lender/jpmorgan-chase-bank-oh/) [SBA 7(a) record](https://lender.report/lender/jpmorgan-chase-bank-oh/sba-7a/) | Bank | Columbus, OH | 8 | $1.29M | | [South Eastern Economic Development Corporation](https://lender.report/lender/south-eastern-economic-development-ma/) [SBA 7(a) record](https://lender.report/lender/south-eastern-economic-development-ma/sba-7a/) | Non-bank | Taunton, MA | 7 | $743K | | [First Bank of the Lake](https://lender.report/lender/first-bank-of-the-lake-mo/) [SBA 7(a) record](https://lender.report/lender/first-bank-of-the-lake-mo/sba-7a/) | Bank | Osage Beach, MO | 6 | $6.95M | | [The Washington Trust Company, of Westerly](https://lender.report/lender/washington-trust-company-of-westerly-ri/) [SBA 7(a) record](https://lender.report/lender/washington-trust-company-of-westerly-ri/sba-7a/) | Bank | Westerly, RI | 6 | $1.40M | | [Celtic Bank](https://lender.report/lender/celtic-bank-ut/) [SBA 7(a) record](https://lender.report/lender/celtic-bank-ut/sba-7a/) | Bank | Salt Lake City, UT | 6 | $582K | | [SmartBiz Bank, National Association](https://lender.report/lender/smartbiz-bank-il/) [SBA 7(a) record](https://lender.report/lender/smartbiz-bank-il/sba-7a/) | Bank | Northbrook, IL | 5 | $1.27M | SBA FOIA, Sep 30, 2026 [See all 66 SBA 7(a) lenders in Rhode Island in Loan Comps](https://lender.report/comps/?lane=sba_7a&state=RI) - Lenders recorded 653 SBA 7(a) loans totaling $204.6M in Rhode Island in the 36 months ending September 30, 2026. SBA FOIA, Sep 30, 2026 - Banks and savings institutions made 578 of those, credit unions 24, and non-banks 51. SBA FOIA, Sep 30, 2026 - The five most active lenders made 51.8% of Rhode Island's SBA 7(a) loans. SBA FOIA, Sep 30, 2026 - Beacon Bank and Trust recorded the most dollars in Rhode Island, at $16.1M. SBA FOIA, Sep 30, 2026 - 7 of these lenders are based in Rhode Island. SBA FOIA, Sep 30, 2026 - 18 lenders recorded 10 or more SBA 7(a) loans in Rhode Island. SBA FOIA, Sep 30, 2026 - The SBA file shows 154 SBA 7(a) approvals in Rhode Island dated in the 12 months to September 30, 2026, versus 284 in the prior 12 months. Both counts leave out cancelled approvals. SBA FOIA, Sep 30, 2026 - The typical SBA 7(a) loan in Rhode Island was about $100K, with the middle half between $50K and $260K. SBA FOIA, Sep 30, 2026 - Lenders reported a median rate of 10.25% on 653 loans in Rhode Island, with the middle half between 8.75% and 11.75%. SBA FOIA, Sep 30, 2026 - The median term in Rhode Island was 10 years. SBA FOIA, Sep 30, 2026 ## How this list is defined **Measure** SBA 7(a) loans made in Rhode Island **Period** October 2023 to September 2026 **Formula** Count, by lender, of SBA 7(a) approvals located in Rhode Island and dated in the 36 months ending September 30, 2026, whose status is not cancelled. A lender is listed if it made at least one. **Order** Largest first by loans in the 36 months, then dollars, then name. Payment is not part of the order. **As of** September 30, 2026 **Source** [SBA FOIA](https://data.sba.gov/dataset/7a-504-foia) **Data** [JSON version of this list](https://lender.report/rankings/sba-7a-lenders-by-state.json) **Changelog** November 12, 2026: First published, with the data built on this date. Is your institution on this list? [Show your rank](https://lender.report/for-lenders/badge/). It carries the date and links back to this page. SBA 7(a) is the main SBA loan program for small businesses. The SBA guarantees part of each loan and the lender decides who gets one. SBA figures are approvals, shown net of cancelled loans where the column says so. SBA has not reviewed or endorsed this site. Each lender is counted only where the public file places the loan. Lenders that merged or stopped filing are left out. 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](https://lender.report/report/) 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.