40 SBA loans worth $14.4M went to businesses in East Greenwich, RI between October 2021 and June 2026, from 18 lenders. Ocean State Business Development Authority made the most, 5 loans. The median loan was $252,000, compared with $150,000 across Rhode Island, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Ocean State Business Development Authority Certified development company · Warwick, RI | 5 | $1.6M | $280,000 | 0% |
| 2 | Beacon Bank and Trust Bank · Boston, MA | 4 | $1.6M | $294,500 | 25% |
| 3 | Huntington National Bank Bank · Columbus, OH | 4 | $680K | $148,500 | 100% |
| 4 | Webster Bank Bank · Stamford, CT | 4 | $675K | $200,000 | 75% |
| 5 | Citizens Bank Bank · Providence, RI | 3 | $2.4M | $436,500 | 67% |
| 6 | New England Certified Development Certified development company · Wakefield, MA | 3 | $1.3M | $494,000 | 67% |
| 7 | Navigant CU Credit union · Smithfield, RI | 3 | $899K | $369,000 | 33% |
| 8 | Bay Colony Development Certified development company · Waltham, MA | 2 | $1.6M | $824,500 | 0% |
| 9 | Climate First Bank Bank · St. Petersburg, FL | 2 | $1.1M | $551,000 | 0% |
| 10 | BankNewport Bank · Middletown, RI | 2 | $160K | $80,000 | 50% |
| 11 | Shoreham Bank Bank · Warwick, RI | 1 | $892K | $892,000 | 100% |
| 12 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $549K | $549,000 | 100% |
| 13 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 1 | $300K | $300,000 | 0% |
| 14 | Baycoast Bank Bank · Swansea, MA | 1 | $200K | $200,000 | 100% |
| 15 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $175K | $175,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 9 | $200,000 | Webster Bank | |
| Other services (repair, personal care) | 7 | $247,000 | Huntington National Bank | |
| Real estate and rental | 5 | $584,000 | Ocean State Business Development Authority | |
| Administrative and support services | 5 | $436,500 | Citizens Bank | |
| Professional and technical services | 4 | $227,500 | Readycap Lending | |
| Health care and social assistance | 4 | $225,000 | Navigant CU | |
| Retail | 3 | $549,000 | Bay Colony Development | |
| Arts, entertainment and recreation | 1 | $60,000 | BankNewport |