38 SBA loans worth $8.4M went to businesses in Bristol, RI between October 2021 and June 2026, from 15 lenders. BankNewport made the most, 16 loans. The median loan was $97,800, compared with $150,000 across Rhode Island, and manufacturing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | BankNewport Bank · Middletown, RI | 16 | $982K | $47,500 | 19% |
| 2 | Webster Bank Bank · Stamford, CT | 3 | $550K | $200,000 | 100% |
| 3 | Community Investment Non-bank lender · Hamden, CT | 3 | $392K | $120,000 | 67% |
| 4 | Happen Bank Bank · Lehi, UT | 2 | $3.5M | $1,775,000 | 0% |
| 5 | Ocean State Business Development Authority Certified development company · Warwick, RI | 2 | $812K | $406,000 | 0% |
| 6 | Beacon Bank and Trust Bank · Boston, MA | 2 | $250K | $125,000 | 50% |
| 7 | Newtek Bank Bank · Miami, FL | 2 | $100K | $50,000 | 0% |
| 8 | New England Certified Development Certified development company · Wakefield, MA | 1 | $584K | $584,000 | 0% |
| 9 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $500K | $500,000 | 0% |
| 10 | South Eastern Economic Development Certified development company · Taunton, MA | 1 | $344K | $344,000 | 0% |
| 11 | Santander Bank Bank · Wilmington, DE | 1 | $100K | $100,000 | 0% |
| 12 | Taunton FCU Credit union · Taunton, MA | 1 | $96K | $95,600 | 0% |
| 13 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $50K | $50,000 | 0% |
| 14 | Baycoast Bank Bank · Swansea, MA | 1 | $30K | $30,000 | 100% |
| 15 | TD Bank Bank · Wilmington, DE | 1 | $25K | $25,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Manufacturing | 10 | $322,000 | Webster Bank | |
| Restaurants and hotels | 9 | $100,000 | BankNewport | |
| Retail | 7 | $30,000 | BankNewport | |
| Arts, entertainment and recreation | 3 | $70,000 | BankNewport | |
| Wholesale trade | 3 | $100,000 | Beacon Bank and Trust | |
| Agriculture, forestry and fishing | 2 | $71,250 | BankNewport | |
| Administrative and support services | 1 | $500,000 | Readycap Lending | |
| Health care and social assistance | 1 | $50,000 | BayFirst National Bank |