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SBA Loans in Block Island, RI

Explore recent SBA 7(a) and 504 lending activity in Block Island. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

Total SBA loans
40
all programs
Approved $
$16.0M
last 24 months
Avg loan
$399K
median $245K
Active lenders
13
approved here
Jobs supported
137
cumulative

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BLOCK ISLAND · 40 LOANS
© MapLibre · LoanRound

Top lenders in Block Island

The Washington Trust Company of Westerly
19
Beacon Bank and Trust
6
Bank of America, National Association
2
Citizens Bank, National Association
2
Newtek Small Business Finance, Inc.
2
Webster Bank National Association
2

Top industries in Block Island

Bed-and-Breakfast Inns
5
Landscaping Services
5
Landscape Architectural Services
3
Marinas
3
Full-Service Restaurants
2
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Loan records · Block Island, RI
40 records
Sort:
ANNCO, LLC
Block Island, RI
$4,450,000
7(a)
Meridian Bank$4.5M/job · 2025-01-17
Payne's Dock Inc
Block Island, RI
$2,250,000
7(a)
Hana Bank USA National Association$563K/job · 2010-12-08
Payne's Dock Inc
Block Island, RI
$2,145,000
7(a)
Banc of California2017-05-17
THE BLUE DORY INN AND RENDEZVO
Block Island, RI
$1,700,000
7(a)
Shoreham Bank$850K/job · 2003-05-02
Design by Vision Landscaping
Block Island, RI
$1,080,000
7(a)
Beacon Bank and Trust$120K/job · 2021-08-17
Blue Dory Resorts, Inc.
Block Island, RI
$1,050,000
7(a)
Newtek Small Business Finance, Inc.$105K/job · 2020-12-11
Calvez, LLC
Block Island, RI
$850,000
7(a)
Webster Bank National Association$213K/job · 2018-09-28
HYGEIA HOUSE
Block Island, RI
$600,000
7(a)
Business Lenders, LLC1998-08-10
William Rose Inc
Block Island, RI
$350,000
7(a)
Newtek Small Business Finance, Inc.2019-06-18
ELI'S RESTAURANT INC
Block Island, RI
$150,000
7(a)
Bank of America, National Association$15K/job · 2001-10-25
Three Bears BI LLC
Block Island, RI
$150,000
7(a)
Fall River Five Cents Savings Bank d/b/a BankFive$150K/job · 2024-11-07
Block Island Pizza Pie Company LLC
Block Island, RI
$100,000
7(a)
BankNewport$33K/job · 2017-06-08
Design by Vision Landscaping
Block Island, RI
$100,000
7(a)
Beacon Bank and Trust$7K/job · 2021-10-04
G. R. SHARKY'S
Block Island, RI
$90,000
7(a)
The Washington Trust Company of Westerly1996-12-13
William Rose Inc
Block Island, RI
$85,000
7(a)
Beacon Bank and Trust$43K/job · 2015-11-10
PHELAN REAL ESTATE
Block Island, RI
$85,000
7(a)
The Washington Trust Company of Westerly1999-12-16
Manisses, Inc.
Block Island, RI
$75,000
7(a)
The Washington Trust Company of Westerly$19K/job · 2009-11-20
THE COTTAGE DWELLING
Block Island, RI
$60,000
7(a)
The Washington Trust Company of Westerly1998-02-11
Noreaster Lawn Service
Block Island, RI
$54,000
7(a)
The Washington Trust Company of Westerly$54K/job · 2007-12-26
Poor People's Pub Block Island, Inc.
Block Island, RI
$50,000
7(a)
Webster Bank National Association$2K/job · 2016-10-31
Design by Vision Landscaping
Block Island, RI
$50,000
7(a)
Beacon Bank and Trust$6K/job · 2021-08-17
CLUB SODA, INC.
Block Island, RI
$50,000
7(a)
The Washington Trust Company of Westerly1997-03-03
Block Island Gourmet, LLC
Block Island, RI
$45,300
7(a)
Bank of America, National Association$23K/job · 2006-03-01
Wild Flowers Boutique, LLC
Block Island, RI
$40,000
7(a)
The Washington Trust Company of Westerly$7K/job · 2010-04-15
Edwards Marine LLC
Block Island, RI
$35,000
7(a)
Beacon Bank and Trust$12K/job · 2021-03-29
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