SBA Lending in Providence, Rhode Island
The SBA FOIA record lists 2,104 7(a) approvals worth $313M for businesses in Providence, RI, 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
- 4.7%
- Active-status distress
Providence is the #1 SBA 7(a) market in Rhode Island and #70 in the country. Since 1991 the FOIA record lists 2,104 approvals here worth $313M, averaging $148,801 each. Annual approval volume has fallen 40% between FY2013-2019 and FY2020-2026. Among 171 active-status loans, 4.7% are delinquent, past due, or in liquidation. The local business type with the most listed records 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. Active-status distress counts DELINQ, PSTDUE, or LIQUID loans as a share of CURR, DELINQ, PSTDUE, LIQUID, or DEFERD loans. Approval is not funding. FOIA record as of March 31, 2026. Methodology.