Rhode Island · Agriculture
SBA loans for agriculture in Rhode Island
50 loans worth $7.2M approved since FY2010 for agriculture, forestry, fishing and hunting projects located in Rhode Island.
Loans
50
Approved
$7.2M
Median loan
$50,000
-75% vs sector nationally
Median rate
6.00%
Jobs supported
243
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to agriculture in Rhode Island
| Lender | Loans | Approved | Share |
|---|---|---|---|
| The Washington Trust Company of Westerly | 16 | $2.3M | |
| Fountainhead SBF LLC | 1 | $807K | |
| Centreville Bank | 2 | $700K | |
| Celtic Bank Corporation | 1 | $590K | |
| Webster Bank | 2 | $509K | |
| Bay Colony Development Corporation | 1 | $389K | |
| Shoreham Bank | 1 | $350K | |
| BankNewport | 6 | $270K |
Detail
Which industries inside the sector
All SBA lending in Rhode Island
5,624 loans across every sector.
Agriculture nationally
13,339 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to agriculture businesses in Rhode Island?
- 50 SBA loans totalling $7,176,800 have been approved for agriculture, forestry, fishing and hunting projects in Rhode Island since FY2010.
- Which lenders finance agriculture in Rhode Island?
- The most active by dollars approved are The Washington Trust Company of Westerly, Fountainhead SBF LLC, Centreville Bank, Celtic Bank Corporation. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for agriculture in Rhode Island?
- The median approval is $50,000, 75% below the national median for this sector ($200,000).
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