26 SBA loans worth $8.5M went to businesses in Woonsocket, RI between October 2021 and June 2026, from 16 lenders. TD Bank made the most, 5 loans. The median loan was $162,500, compared with $150,000 across Rhode Island, and retail was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 5 | $275K | $25,000 | 80% |
| 2 | Beacon Bank and Trust Bank · Boston, MA | 3 | $1.9M | $580,000 | 33% |
| 3 | Dean Co-operative Bank Bank · Franklin, MA | 3 | $540K | $175,000 | 67% |
| 4 | New England Certified Development Certified development company · Wakefield, MA | 2 | $1.4M | $686,000 | 0% |
| 5 | Rockland Trust Bank · Rockland, MA | 2 | $915K | $457,500 | 0% |
| 6 | Fund-Ex Solutions Group Non-bank lender · Davie, FL | 1 | $950K | $950,000 | 0% |
| 7 | IncredibleBank Bank · Wausau, WI | 1 | $938K | $938,000 | 0% |
| 8 | Ocean State Business Development Authority Certified development company · Warwick, RI | 1 | $426K | $426,000 | 0% |
| 9 | Bay Colony Development Certified development company · Waltham, MA | 1 | $310K | $310,000 | 0% |
| 10 | Navigant CU Credit union · Smithfield, RI | 1 | $255K | $255,000 | 0% |
| 11 | Eastern Bank Bank · Boston, MA | 1 | $250K | $250,000 | 0% |
| 12 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $150K | $150,000 | 0% |
| 13 | Newtek Bank Bank · Miami, FL | 1 | $125K | $125,000 | 0% |
| 14 | Bristol County Savings Bank Bank · Taunton, MA | 1 | $80K | $80,000 | 0% |
| 15 | BankNewport Bank · Middletown, RI | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Retail | 7 | $294,000 | Rockland Trust | |
| Real estate and rental | 4 | $170,000 | TD Bank | |
| Construction | 4 | $165,000 | Eastern Bank | |
| Restaurants and hotels | 3 | $938,000 | Navigant CU | |
| Administrative and support services | 2 | $89,000 | BayFirst National Bank | |
| Arts, entertainment and recreation | 2 | $87,500 | TD Bank | |
| Other services (repair, personal care) | 2 | $87,500 | Newtek Bank | |
| Health care and social assistance | 1 | $1,230,000 | Beacon Bank and Trust |