SHANE PIERSON · SBA DATA
SBA by City · Cranston, RI

SBA Lending in Cranston, Rhode Island

Businesses in Cranston, RI have drawn 1,104 SBA 7(a) loans worth $171M, and annual volume has fallen 33% versus the prior decade.

1,104
7(a) loans
$171M
Approved dollars
$154,499
Average loan size
#2
Rank in Rhode Island
-33%
Annualized vs prior decade
8.2%
Active-loan distress

Cranston is the #2 SBA 7(a) market in Rhode Island and #171 in the country. Since 1991 lenders have approved 1,104 loans here worth $171M, averaging $154,499 each. Annual approval volume has fallen 33% between FY2013-2019 and FY2020-2026. 8.2% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is full-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. 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.