Construction lenders in Newport, RI
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
13 institutions have SBA 7(a) loans on record to this industry in Newport, RI, together $8.2M across 57 loans. BankNewport is the largest, with 39% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | BankNewport | 27 | $3.2M | 38.7% |
| 2 | Eastern Bank | 10 | $2.1M | 25.8% |
| 3 | Citizens Bank, National Association | 5 | $650K | 7.9% |
| 4 | Readycap Lending, LLC | 2 | $550K | 6.7% |
| 5 | Baycoast Bank | 3 | $400K | 4.9% |
| 6 | Northeast Bank | 1 | $362K | 4.4% |
| 7 | Beacon Bank and Trust | 2 | $350K | 4.3% |
| 8 | Westerly Community CU | 2 | $200K | 2.4% |
| 9 | Bristol County Savings Bank | 1 | $125K | 1.5% |
| 10 | South Eastern Economic Development Corporation | 1 | $100K | 1.2% |
| 11 | Bank of America, National Association | 1 | $85K | 1.0% |
| 12 | Celtic Bank Corporation | 1 | $57K | 0.7% |
| 13 | Fall River Five Cents Savings Bank d/b/a BankFive | 1 | $30K | 0.4% |
See construction lenders nationally
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.