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Bank · Warwick, RI

Shoreham Bank: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
336
SBA loans approved
$566.0M
Total approved
$1,183,000
Median loan
44
States lent in
36%
To startups
#126
National rank by loans

Shoreham Bank approved 336 SBA loans worth $566.0M between October 2021 and June 2026, ranking #126 of 2,283 SBA lenders nationally by loan count. Its median loan was $1,183,000, and 36% went to startups or businesses under two years old. It lent in 44 states, most often in Ohio, and its most financed industry was restaurants and hotels.

SBA loans per fiscal year

067133200FY14: 5 loansFY14FY15: 4 loansFY15FY16: 16 loansFY16FY17: 6 loansFY17FY18: 10 loansFY18FY19: 17 loansFY19FY20: 26 loansFY20FY21: 40 loansFY21FY22: 39 loansFY22FY23: 35 loansFY23FY24: 65 loansFY24FY25: 153 loansFY25153FY26 (Oct to Jun): 44 loansFY2644
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Shoreham Bank lends

StateLoansApprovedMedian loanRank in state
Ohio44$110.6M$2,490,000#38
Indiana32$67.0M$2,180,000#41
Michigan32$73.4M$2,127,500#40
Illinois19$30.5M$950,000#76
Texas18$28.7M$600,000#157
California16$5.8M$125,000#145
Rhode Island13$7.2M$400,000#23
New York13$13.3M$150,000#99
Florida13$19.6M$150,000#130
Wisconsin10$26.5M$2,192,500#77
Pennsylvania10$28.8M$4,175,000#97
Georgia8$7.0M$150,000#129
Massachusetts7$6.2M$100,000#94
Alabama7$8.3M$150,000#52
Iowa7$11.1M$1,990,000#52

Industries Shoreham Bank finances

IndustryLoansShareMedian loan
Restaurants and hotels194
58%
$2,520,000
Retail25
7%
$150,000
Construction20
6%
$150,000
Other services (repair, personal care)14
4%
$100,000
Professional and technical services14
4%
$100,000
Health care and social assistance13
4%
$370,000
Transportation and warehousing12
4%
$100,000
Real estate and rental10
3%
$125,000
Wholesale trade9
3%
$100,000
Administrative and support services8
2%
$100,000
Loan size mix
  • Under $150,00024%
  • $150,000 to $500,00015%
  • $500,000 to $2 million21%
  • $2 million and up39%
Loan programs used
  • Preferred Lender (PLP)97%
  • Standard 7(a)3%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.