SBA Lending in Providence, Rhode Island
Businesses in Providence, RI have drawn 2,104 SBA 7(a) loans worth $313M, and annual volume has fallen 40% versus the prior decade.
- 2,104
- 7(a) loans
- $313M
- Approved dollars
- $148,801
- Average loan size
- #1
- Rank in Rhode Island
- -40%
- Annualized vs prior decade
- 7.7%
- Active-loan distress
Providence is the #1 SBA 7(a) market in Rhode Island and #70 in the country. Since 1991 lenders have approved 2,104 loans here worth $313M, averaging $148,801 each. Annual approval volume has fallen 40% between FY2013-2019 and FY2020-2026. 7.7% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is full-service restaurants.
What Providence borrows for
Who lends in Providence
Open the national map, drill into Rhode Island, and compare Providence against every zip code in the state.
Open the interactive map ↗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.