Rhode Island · Other Services
SBA loans for other services in Rhode Island
550 loans worth $112.2M approved since FY2010 for other services (except public administration) projects located in Rhode Island.
Loans
550
Approved
$112.2M
Median loan
$87,500
-44% vs sector nationally
Median rate
6.50%
Jobs supported
3,250
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 other services in Rhode Island
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Ocean State Business Development Authority | 37 | $16.1M | |
| Bay Colony Development Corporation | 20 | $11.1M | |
| Eastern Bank | 74 | $10.4M | |
| Webster Bank | 26 | $10.3M | |
| New England Certified Development Corporation | 25 | $7.8M | |
| Live Oak Banking Company | 5 | $5.1M | |
| Citizens Bank | 43 | $5.0M | |
| Newtek Small Business Finance, Inc. | 13 | $4.6M |
Detail
Which industries inside the sector
All SBA lending in Rhode Island
5,624 loans across every sector.
Other Services nationally
97,019 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to other services businesses in Rhode Island?
- 550 SBA loans totalling $112,166,700 have been approved for other services (except public administration) projects in Rhode Island since FY2010.
- Which lenders finance other services in Rhode Island?
- The most active by dollars approved are Ocean State Business Development Authority, Bay Colony Development Corporation, Eastern Bank, Webster Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for other services in Rhode Island?
- The median approval is $87,500, 44% below the national median for this sector ($156,200).
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