SBA Loans for Manufacturing in Rhode Island
Since fiscal year 2021, at least 22 lenders made 87 SBA loans to Manufacturing businesses in Rhode Island. These are the most active, based on public SBA data.
Most active SBA lenders for Manufacturing in Rhode Island
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | Webster Bank National Association Waterbury, CT | 13 | $448,782 | 34% | 7(a), Express |
| 2 | Eastern Bank Boston, MA | 12 | $324,264 | 20% | 7(a), Express |
| 3 | BankNewport Middletown, RI | 8 | $69,075 | 16% | Express |
| 4 | Beacon Bank and Trust Brookline, MA | 7 | $319,524 | 17% | 7(a), Express |
| 5 | Citizens Bank, National Association Providence, RI | 6 | $746,097 | 42% | 7(a), Express |
| 6 | TD Bank, National Association Wilmington, DE | 6 | $118,190 | 48% | 7(a), Express |
| 7 | Navigant CU Smithfield, RI | 3 | $256,086 | 30% | 7(a), Express |
| 8 | Bristol County Savings Bank Taunton, MA | 3 | $380,115 | 22% | 7(a), Express |
| 9 | Newtek Bank, National Association Miami, FL | 3 | $447,200 | 12% | 7(a), Express |
| 10 | Community Investment Corporation Hamden, CT | 2 | $157,126 | 61% | 7(a) |
Related guide: Buying Your Own Building with an SBA 504
Other industries in Rhode Island
- Construction182 loans
- Retail Stores174 loans
- Restaurants & Lodging172 loans
- Personal Services & Repair118 loans
- Health Care117 loans
- Professional Services102 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 Manufacturing businesses in Rhode Island?
Based on public SBA data, the most active were Webster Bank National Association, Eastern Bank, BankNewport.
How many SBA loans did Manufacturing businesses get in Rhode Island?
87 SBA loans since fiscal year 2021, from at least 22 different lenders.
Which SBA loan fits a Manufacturing 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.