50 SBA loans worth $13.7M went to businesses in Pawtucket, RI between October 2021 and June 2026, from 23 lenders. TD Bank made the most, 10 loans. The median loan was $106,000, compared with $150,000 across Rhode Island, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | TD Bank Bank · Wilmington, DE | 10 | $526K | $25,000 | 60% |
| 2 | Beacon Bank and Trust Bank · Boston, MA | 5 | $221K | $50,000 | 0% |
| 3 | New England Certified Development Certified development company · Wakefield, MA | 3 | $767K | $256,000 | 33% |
| 4 | Northeast Bank Bank · Portland, ME | 3 | $726K | $250,000 | 0% |
| 5 | JPMorgan Chase Bank Bank · Columbus, OH | 3 | $670K | $40,000 | 33% |
| 6 | Bay Colony Development Certified development company · Waltham, MA | 3 | $544K | $192,000 | 0% |
| 7 | South Eastern Economic Development Non-bank lender · Taunton, MA | 3 | $335K | $60,000 | 67% |
| 8 | Bristol County Savings Bank Bank · Taunton, MA | 2 | $5.1M | $2,550,000 | 0% |
| 9 | Ocean State Business Development Authority Certified development company · Warwick, RI | 2 | $891K | $445,500 | 0% |
| 10 | Stearns Bank Bank · St. Cloud, MN | 2 | $745K | $372,500 | 0% |
| 11 | BankNewport Bank · Middletown, RI | 2 | $119K | $59,500 | 0% |
| 12 | Evolve Bank and Trust Bank · West Memphis, AR | 1 | $948K | $948,000 | 100% |
| 13 | Community Investment Certified development company · Hamden, CT | 1 | $445K | $445,000 | 0% |
| 14 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $354K | $353,500 | 0% |
| 15 | Fall River Five Cents Savings Bank d/b/a BankFive Bank · Fall River, MA | 1 | $300K | $300,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 10 | $62,500 | TD Bank | |
| Other services (repair, personal care) | 7 | $310,000 | TD Bank | |
| Restaurants and hotels | 6 | $73,000 | South Eastern Economic Development | |
| Manufacturing | 5 | $225,000 | Bay Colony Development | |
| Retail | 4 | $125,000 | Bay Colony Development | |
| Professional and technical services | 4 | $50,500 | JPMorgan Chase Bank | |
| Administrative and support services | 4 | $100,000 | BankNewport | |
| Health care and social assistance | 3 | $250,000 | Liberty Bank |