SBA Loans for Construction in Rhode Island
Since fiscal year 2021, at least 31 lenders made 182 SBA loans to Construction businesses in Rhode Island. These are the most active, based on public SBA data.
Most active SBA lenders for Construction in Rhode Island
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | BankNewport Middletown, RI | 36 | $69,075 | 16% | Express |
| 2 | TD Bank, National Association Wilmington, DE | 24 | $118,190 | 48% | 7(a), Express |
| 3 | Eastern Bank Boston, MA | 23 | $324,264 | 20% | 7(a), Express |
| 4 | Santander Bank, National Association Wilmington, DE | 12 | $59,575 | 4% | Express |
| 5 | The Huntington National Bank Columbus, OH | 12 | $363,376 | 64% | 7(a), Express |
| 6 | Beacon Bank and Trust Brookline, MA | 11 | $319,524 | 17% | 7(a), Express |
| 7 | Bristol County Savings Bank Taunton, MA | 9 | $380,115 | 22% | 7(a), Express |
| 8 | Northeast Bank Lewiston, ME | 6 | $149,731 | 6% | 7(a) |
| 9 | Webster Bank National Association Waterbury, CT | 5 | $448,782 | 34% | 7(a), Express |
| 10 | Navigant CU Smithfield, RI | 5 | $256,086 | 30% | 7(a), Express |
Related guide: Loans for Contractors and Construction Businesses
Other industries in Rhode Island
- Retail Stores174 loans
- Restaurants & Lodging172 loans
- Personal Services & Repair118 loans
- Health Care117 loans
- Professional Services102 loans
- Manufacturing87 loans
- Cleaning, Landscaping & Admin72 loans
- Wholesale & Distribution52 loans
← All SBA lenders in Rhode Island
Frequently asked questions
Which lenders make the most SBA loans to Construction businesses in Rhode Island?
Based on public SBA data, the most active were BankNewport, TD Bank, National Association, Eastern Bank.
How many SBA loans did Construction businesses get in Rhode Island?
182 SBA loans since fiscal year 2021, from at least 31 different lenders.
Which SBA loan fits a Construction business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.