SBA Loans for Education & Childcare in Rhode Island
Since fiscal year 2021, at least 8 lenders made 15 SBA loans to Education & Childcare businesses in Rhode Island. These are the most active, based on public SBA data.
Most active SBA lenders for Education & Childcare in Rhode Island
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | Webster Bank National Association Waterbury, CT | 4 | $448,782 | 34% | 7(a), Express |
| 2 | Beacon Bank and Trust Brookline, MA | 3 | $319,524 | 17% | 7(a), Express |
| 3 | TD Bank, National Association Wilmington, DE | 3 | $118,190 | 48% | 7(a), Express |
| 4 | Citizens Bank, National Association Providence, RI | 1 | $746,097 | 42% | 7(a), Express |
| 5 | The Washington Trust Company of Westerly Westerly, RI | 1 | $243,700 | 0% | 7(a), Express |
| 6 | Wells Fargo Bank National Association Sioux Falls, SD | 1 | $400,625 | 100% | 7(a) |
| 7 | Baycoast Bank Swansea, MA | 1 | $167,754 | 54% | 7(a), Express |
| 8 | Readycap Lending, LLC Berkeley Heights, NJ | 1 | $540,996 | 13% | 7(a) |
Related guide: Loans for Daycares and Childcare Centers
Other industries in Rhode Island
- Construction182 loans
- Retail Stores174 loans
- Restaurants & Lodging172 loans
- Personal Services & Repair118 loans
- Health Care117 loans
- Professional Services102 loans
- Manufacturing87 loans
- Cleaning, Landscaping & Admin72 loans
← All SBA lenders in Rhode Island
Frequently asked questions
Which lenders make the most SBA loans to Education & Childcare businesses in Rhode Island?
Based on public SBA data, the most active were Webster Bank National Association, Beacon Bank and Trust, TD Bank, National Association.
How many SBA loans did Education & Childcare businesses get in Rhode Island?
15 SBA loans since fiscal year 2021, from at least 8 different lenders.
Which SBA loan fits a Education & Childcare 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.