SHANE PIERSON · SBA DATA
SBA Lenders · The Washington Trust Company of Westerly

SBA Lending by The Washington Trust Company of Westerly

The Washington Trust Company of Westerly is an active SBA 7(a) lender, ranked #179 nationally by all-time volume, with 906 approved 7(a) loans worth $144M on record.

906
7(a) loans made
$144M
Approved dollars
$158,521
Average loan size
#179
Rank, all-time volume
#275
Rank, volume since 2020
0.0%
Share of U.S. 7(a) since 2020
-59%
Annualized vs prior decade
7.1%
Active-loan distress
19%
Made under PLP authority

Between 1991 and mid-2026, The Washington Trust Company of Westerly approved 906 SBA 7(a) loans worth $144M across the country, at an average of $158,521 per loan. That places it #179 among all U.S. SBA 7(a) lenders. About 19% were written under Preferred Lender (PLP) authority, and 7.1% of its book is currently delinquent, past due, or in liquidation.

Where The Washington Trust Company of Westerly lends most

What The Washington Trust Company of Westerly funds most

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7(a) loans only, approved and not cancelled, gross basis. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026. No borrower identity appears here.