SBA Loans for Retail Stores in Rhode Island
Since fiscal year 2021, at least 33 lenders made 174 SBA loans to Retail Stores businesses in Rhode Island. These are the most active, based on public SBA data.
Most active SBA lenders for Retail Stores in Rhode Island
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | Eastern Bank Boston, MA | 28 | $324,264 | 20% | 7(a), Express |
| 2 | BankNewport Middletown, RI | 20 | $69,075 | 16% | Express |
| 3 | Beacon Bank and Trust Brookline, MA | 12 | $319,524 | 17% | 7(a), Express |
| 4 | TD Bank, National Association Wilmington, DE | 12 | $118,190 | 48% | 7(a), Express |
| 5 | Webster Bank National Association Waterbury, CT | 11 | $448,782 | 34% | 7(a), Express |
| 6 | Rockland Trust Company Rockland, MA | 7 | $484,083 | 50% | 7(a), Express |
| 7 | Bristol County Savings Bank Taunton, MA | 7 | $380,115 | 22% | 7(a), Express |
| 8 | Metro City Bank Doraville, GA | 6 | $646,667 | 100% | 7(a) |
| 9 | Community Investment Corporation Hamden, CT | 5 | $157,126 | 61% | 7(a) |
| 10 | Bank of America, National Association Charlotte, NC | 5 | $413,808 | 12% | 7(a), Express |
Related guide: How to Finance a Bodega or Mini Market
Other industries in Rhode Island
- Construction182 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 Retail Stores businesses in Rhode Island?
Based on public SBA data, the most active were Eastern Bank, BankNewport, Beacon Bank and Trust.
How many SBA loans did Retail Stores businesses get in Rhode Island?
174 SBA loans since fiscal year 2021, from at least 33 different lenders.
Which SBA loan fits a Retail Stores 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.