46 SBA loans worth $23.0M went to businesses in North Kingstown, RI between October 2021 and June 2026, from 19 lenders. Beacon Bank and Trust made the most, 8 loans. The median loan was $276,000, compared with $150,000 across Rhode Island, and other services (repair, personal care) was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Beacon Bank and Trust Bank · Boston, MA | 8 | $2.0M | $200,000 | 25% |
| 2 | Webster Bank Bank · Stamford, CT | 5 | $6.1M | $400,000 | 0% |
| 3 | Eastern Bank Bank · Boston, MA | 4 | $2.0M | $425,000 | 50% |
| 4 | BankNewport Bank · Middletown, RI | 4 | $300K | $87,500 | 0% |
| 5 | Community Investment Certified development company · Hamden, CT | 3 | $1.3M | $457,000 | 0% |
| 6 | TD Bank Bank · Wilmington, DE | 3 | $405K | $195,000 | 33% |
| 7 | Huntington National Bank Bank · Columbus, OH | 2 | $2.3M | $1,152,500 | 0% |
| 8 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $2.0M | $996,000 | 50% |
| 9 | New England Certified Development Certified development company · Wakefield, MA | 2 | $1.5M | $765,000 | 0% |
| 10 | American Momentum Bank Bank · College Station, TX | 2 | $1.1M | $535,000 | 0% |
| 11 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 2 | $829K | $414,500 | 0% |
| 12 | U.S. Bank Bank · Cincinnati, OH | 2 | $27K | $13,300 | 0% |
| 13 | GBC International Bank Bank · Los Angeles, CA | 1 | $1.0M | $1,000,000 | 0% |
| 14 | Ocean State Business Development Authority Certified development company · Warwick, RI | 1 | $791K | $791,000 | 100% |
| 15 | South Eastern Economic Development Certified development company · Taunton, MA | 1 | $423K | $423,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 9 | $400,000 | Webster Bank | |
| Retail | 8 | $276,000 | Eastern Bank | |
| Restaurants and hotels | 5 | $533,000 | BankNewport | |
| Health care and social assistance | 5 | $150,000 | Beacon Bank and Trust | |
| Manufacturing | 4 | $611,500 | Beacon Bank and Trust | |
| Administrative and support services | 4 | $50,000 | BankNewport | |
| Construction | 4 | $377,000 | Huntington National Bank | |
| Arts, entertainment and recreation | 2 | $215,000 | Northeast Bank |