33 SBA loans worth $11.4M went to businesses in Cumberland, RI between October 2021 and June 2026, from 18 lenders. Bristol County Savings Bank made the most, 6 loans. The median loan was $146,000, compared with $150,000 across Rhode Island, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Bristol County Savings Bank Bank · Taunton, MA | 6 | $1.4M | $175,000 | 67% |
| 2 | Navigant CU Credit union · Smithfield, RI | 3 | $300K | $75,000 | 0% |
| 3 | TD Bank Bank · Wilmington, DE | 3 | $64K | $25,000 | 67% |
| 4 | Byline Bank Bank · Chicago, IL | 2 | $5.0M | $2,495,000 | 100% |
| 5 | New England Certified Development Certified development company · Wakefield, MA | 2 | $772K | $386,000 | 0% |
| 6 | Bay Colony Development Certified development company · Waltham, MA | 2 | $760K | $380,000 | 0% |
| 7 | Eastern Bank Bank · Boston, MA | 2 | $200K | $100,000 | 0% |
| 8 | Community Investment Non-bank lender · Hamden, CT | 2 | $175K | $87,500 | 100% |
| 9 | Beacon Bank and Trust Bank · Boston, MA | 2 | $150K | $75,000 | 0% |
| 10 | Citizens Bank Bank · Providence, RI | 1 | $918K | $917,700 | 0% |
| 11 | Ocean State Business Development Authority Certified development company · Warwick, RI | 1 | $474K | $474,000 | 0% |
| 12 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $350K | $350,000 | 100% |
| 13 | Greenwood CU Credit union · Warwick, RI | 1 | $265K | $265,000 | 100% |
| 14 | Community Investment Certified development company · Hamden, CT | 1 | $155K | $155,000 | 100% |
| 15 | Middlesex Savings Bank Bank · Natick, MA | 1 | $150K | $150,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 6 | $97,500 | Community Investment | |
| Retail | 6 | $100,000 | Eastern Bank | |
| Construction | 5 | $75,000 | Bristol County Savings Bank | |
| Other services (repair, personal care) | 4 | $248,000 | United Midwest Savings Bank | |
| Professional and technical services | 2 | $133,400 | Navigant CU | |
| Administrative and support services | 2 | $2,470,000 | Middlesex Savings Bank | |
| Health care and social assistance | 1 | $614,000 | Bay Colony Development | |
| Finance and insurance | 1 | $125,000 | Coastal1 Credit Union |