Retail trade lenders in Newport, RI
Approvals from SBA fiscal year 2008 onward. Source data as of 2026-06-30.
17 institutions have SBA 7(a) loans on record to this industry in Newport, RI, together $14.0M across 43 loans. Eastern Bank is the largest, with 27% of approvals.
Lenders
| Rank | Lender | Loans | Approved | Share |
|---|---|---|---|---|
| 1 | Eastern Bank | 6 | $3.7M | 26.6% |
| 2 | VelocitySBA, LLC | 2 | $2.4M | 17.5% |
| 3 | The Washington Trust Company of Westerly | 4 | $2.0M | 14.5% |
| 4 | Santander Bank, National Association | 4 | $1.4M | 9.8% |
| 5 | BankNewport | 10 | $1.3M | 9.1% |
| 6 | First Financial Bank | 1 | $850K | 6.1% |
| 7 | Beacon Bank and Trust | 4 | $575K | 4.1% |
| 8 | Baycoast Bank | 1 | $350K | 2.5% |
| 9 | Centreville Bank | 1 | $330K | 2.4% |
| 10 | KeyBank National Association | 1 | $275K | 2.0% |
| 11 | Webster Bank National Association | 2 | $220K | 1.6% |
| 12 | Northeast Bank | 1 | $150K | 1.1% |
| 13 | Mechanics Cooperative Bank | 1 | $150K | 1.1% |
| 14 | People's Credit Union | 1 | $150K | 1.1% |
| 15 | Westerly Community CU | 1 | $60K | 0.4% |
| 16 | Fall River Five Cents Savings Bank d/b/a BankFive | 2 | $35K | 0.2% |
| 17 | Citizens Bank, National Association | 1 | $20K | 0.1% |
See retail trade 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.