127 SBA loans worth $61.1M went to businesses in Warwick, RI between October 2021 and June 2026, from 39 lenders. Beacon Bank and Trust made the most, 13 loans. The median loan was $210,000, compared with $150,000 across Rhode Island, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Beacon Bank and Trust Bank · Boston, MA | 13 | $4.0M | $150,000 | 31% |
| 2 | Eastern Bank Bank · Boston, MA | 11 | $2.4M | $150,000 | 0% |
| 3 | Webster Bank Bank · Stamford, CT | 9 | $937K | $79,000 | 22% |
| 4 | Ocean State Business Development Authority Certified development company · Warwick, RI | 8 | $5.0M | $358,000 | 12% |
| 5 | TD Bank Bank · Wilmington, DE | 7 | $1.6M | $40,000 | 14% |
| 6 | Bay Colony Development Certified development company · Waltham, MA | 6 | $2.9M | $376,000 | 17% |
| 7 | Northeast Bank Bank · Portland, ME | 6 | $1.6M | $255,000 | 0% |
| 8 | Bristol County Savings Bank Bank · Taunton, MA | 5 | $804K | $150,000 | 20% |
| 9 | Live Oak Banking Bank · Wilmington, NC | 4 | $6.4M | $1,537,500 | 0% |
| 10 | Newtek Bank Bank · Miami, FL | 4 | $1.8M | $380,000 | 0% |
| 11 | New England Certified Development Certified development company · Wakefield, MA | 4 | $1.7M | $297,000 | 25% |
| 12 | BankNewport Bank · Middletown, RI | 4 | $257K | $62,600 | 0% |
| 13 | Bank of America Bank · Charlotte, NC | 3 | $1.1M | $350,000 | 0% |
| 14 | Navigant CU Credit union · Smithfield, RI | 3 | $993K | $318,000 | 67% |
| 15 | Citizens Bank Bank · Providence, RI | 3 | $844K | $284,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 20 | $250,000 | Northeast Bank | |
| Health care and social assistance | 18 | $267,000 | Bristol County Savings Bank | |
| Other services (repair, personal care) | 13 | $60,000 | TD Bank | |
| Professional and technical services | 13 | $184,000 | Webster Bank | |
| Restaurants and hotels | 12 | $376,500 | Newtek Bank | |
| Construction | 11 | $150,000 | TD Bank | |
| Administrative and support services | 8 | $100,000 | Beacon Bank and Trust | |
| Wholesale trade | 8 | $272,500 | Eastern Bank |