SHANE PIERSON · SBA DATA
SBA Lending by State · Rhode Island

SBA Lending in Rhode Island

Rhode Island is among the most SBA-saturated states, ranking #2 in loans per business.

14,559
Total SBA loans
$2.7B
Approved dollars
13.0
Loans per 1,000 businesses / yr
-41%
Growth, 2010s to 2020s
7.5%
Active-status distress
#36
Rank, national volume
#2
Rank, loans per business

Every SBA 7(a) and 504 approval recorded for Rhode Island since 1991 sits in the public federal file. Rhode Island accounts for 14,559 of them, worth $2.7B, split 13,262 under 7(a) and 1,297 under 504. Roughly 5% of 7(a) approvals went to startups and new businesses.

Top industries funded in Rhode Island

  • Retail1,944 loans · $268M
  • Other1,532 loans · $232M
  • Construction1,316 loans · $167M
  • Manufacturing1,281 loans · $289M
  • Personal Services1,265 loans · $127M
  • Professional Services1,211 loans · $131M

Program mix

13,262
7(a) loans
1,297
504 loans
5%
To startups & new businesses
95%
To existing businesses

SBA lending by city in Rhode Island

See Rhode Island on the interactive map

Drill Rhode Island to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.

Explore Rhode Island on the map ↗

Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, active-status distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026. Methodology.

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