SBA Loans in Charlestown, RI

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

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Total SBA loans

113

all programs

Approved $

$14.8M

last 24 months

Avg loan

$131K

median $245K

Active lenders

approved here

Jobs supported

473

cumulative

Loan activity map

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CHARLESTOWN · 113 LOANS

Top lenders in Charlestown

The Washington Trust Company of Westerly

Citizens Bank, National Association

Westerly Community CU

Bank of America, National Association

Eastern Bank

Beacon Bank and Trust

Top industries in Charlestown

Finfish Fishing

Full-Service Restaurants

Landscaping Services

Sporting Goods Stores

"Plumbing, Heating, and Air-Conditioning Contractors"

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Loan records · Charlestown, RI

113 records

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Borrower

Location

Program

Industry

Ninigret Landing Marina, LLC Ocean State Business Development Authority

Charlestown, RI

$686,000

$86K

504

Marinas

2015-06-23

The General Stanton Inn, LLC New England Certified Development Corporation

Charlestown, RI

$664,000

$66K

504

Bed-and-Breakfast Inns

2022-01-29

Boss Heating And Cooling, Inc. and Paul and Jacqueline Montagne Westerly Community CU

Charlestown, RI

$651,600

$72K

7(a)

"Plumbing, Heating, and Air-Conditioning Contractors"

2021-06-24

Wilcox Tavern Ocean State Business Development Authority

Charlestown, RI

$494,000

$11K

504

Full-Service Restaurants

2017-10-24

JOHN RUSSO ENTERPRISES Independence Bank

Charlestown, RI

$484,000

—

7(a)

Other Gasoline Stations

1998-10-13

NARRAGANSETT INDIAN REALTY CRP Bank of America, National Association

Charlestown, RI

$482,000

—

7(a)

—

1997-01-23

Thomas Miozzi Bay Colony Development Corporation

Charlestown, RI

$480,000

$120K

504

Site Preparation Contractors

2019-02-28

BREEZY FISHERIES, INC.The Washington Trust Company of Westerly

Charlestown, RI

$450,000

—

7(a)

Finfish Fishing

2002-06-19

THE NINIGRET INN Independence Bank

Charlestown, RI

$375,000

—

7(a)

Hotels (except Casino Hotels) and Motels

1998-10-30

ANGEL BUILDING COMPANY LLC Northeast Bank

Charlestown, RI

$350,000

$29K

7(a)

Industrial Building Construction

2025-08-20

The Breachway Grill Community Investment Corporation

Charlestown, RI

$330,000

—

504

Full-Service Restaurants

2022-02-22

ROBERT T. CABRAL AND GOOD SHEP The Washington Trust Company of Westerly

Charlestown, RI

$300,000

—

7(a)

Finfish Fishing

2001-01-17

OCEAN PHARMACY The Washington Trust Company of Westerly

Charlestown, RI

$300,000

—

7(a)

Pharmacies and Drug Stores

2001-08-15

BHIG'S ICE CREAM, LLC Webster Bank National Association

Charlestown, RI

$290,100

$41K

7(a)

Limited-Service Restaurants

2008-07-14

T. B. FISHERIES, INC.Bank of America, National Association

Charlestown, RI

$290,000

—

7(a)

Finfish Fishing

1998-02-04

BLACK SHEEP FISHERIES INC Bank of America, National Association

Charlestown, RI

$268,400

$89K

7(a)

Finfish Fishing

2001-10-10

Tilliestar Compliance Solutions, Inc.New England Certified Development Corporation

Charlestown, RI

$261,000

$261K

504

Other Management Consulting Services

2023-04-05

Compass Seafood LLC The Washington Trust Company of Westerly

Charlestown, RI

$250,000

$125K

7(a)

Fish and Seafood Merchant Wholesalers

2013-06-13

Erkkiblum LLC Capital One, National Association

Charlestown, RI

$250,000

$8K

7(a)

All Other Miscellaneous Store Retailers (except Tobacco Stores)

2013-04-26

Breachway Bait & Tackle Eastern Bank

Charlestown, RI

$250,000

$63K

7(a)

Sporting Goods Stores

2009-04-21

Angel Building Company, LLC Community Investment Corporation

Charlestown, RI

$245,000

$25K

7(a)

Masonry Contractors

2024-11-18

Michael Monteforte Jr.Bank of America, National Association

Charlestown, RI

$210,000

—

7(a)

Finfish Fishing

1996-12-05

SUBURBAN CLEANERS, INC.The Washington Trust Company of Westerly

Charlestown, RI

$209,000

—

7(a)

Drycleaning and Laundry Services (except Coin-Operated)

1996-02-29

Heidi&Krists, Inc The Washington Trust Company of Westerly

Charlestown, RI

$205,000

—

7(a)

Finfish Fishing

2002-02-08

VIDEO ENCOUNTERS The Washington Trust Company of Westerly

Charlestown, RI

$200,000

—

7(a)

Video Tape and Disc Rental

1992-11-03

Ninigret Landing Marina, LLC

Charlestown, RI

$686,000

504

Ocean State Business Development Authority$86K/job · 2015-06-23

The General Stanton Inn, LLC

Charlestown, RI

$664,000

504

New England Certified Development Corporation$66K/job · 2022-01-29

Boss Heating And Cooling, Inc. and Paul and Jacqueline Montagne

Charlestown, RI

$651,600

7(a)

Westerly Community CU$72K/job · 2021-06-24

Ocean State Business Development Authority$11K/job · 2017-10-24

JOHN RUSSO ENTERPRISES

Charlestown, RI

$484,000

7(a)

Independence Bank1998-10-13

NARRAGANSETT INDIAN REALTY CRP

Charlestown, RI

$482,000

7(a)

Bank of America, National Association1997-01-23

Bay Colony Development Corporation$120K/job · 2019-02-28

BREEZY FISHERIES, INC.

Charlestown, RI

$450,000

7(a)

The Washington Trust Company of Westerly2002-06-19

Independence Bank1998-10-30

ANGEL BUILDING COMPANY LLC

Charlestown, RI

$350,000

7(a)

Northeast Bank$29K/job · 2025-08-20

Community Investment Corporation2022-02-22

ROBERT T. CABRAL AND GOOD SHEP

Charlestown, RI

$300,000

7(a)

The Washington Trust Company of Westerly2001-01-17

The Washington Trust Company of Westerly2001-08-15

BHIG'S ICE CREAM, LLC

Charlestown, RI

$290,100

7(a)

Webster Bank National Association$41K/job · 2008-07-14

T. B. FISHERIES, INC.

Charlestown, RI

$290,000

7(a)

Bank of America, National Association1998-02-04

BLACK SHEEP FISHERIES INC

Charlestown, RI

$268,400

7(a)

Bank of America, National Association$89K/job · 2001-10-10

Tilliestar Compliance Solutions, Inc.

Charlestown, RI

$261,000

504

New England Certified Development Corporation$261K/job · 2023-04-05

The Washington Trust Company of Westerly$125K/job · 2013-06-13

Capital One, National Association$8K/job · 2013-04-26

Breachway Bait & Tackle

Charlestown, RI

$250,000

7(a)

Eastern Bank$63K/job · 2009-04-21

Angel Building Company, LLC

Charlestown, RI

$245,000

7(a)

Community Investment Corporation$25K/job · 2024-11-18

Michael Monteforte Jr.

Charlestown, RI

$210,000

7(a)

Bank of America, National Association1996-12-05

SUBURBAN CLEANERS, INC.

Charlestown, RI

$209,000

7(a)

The Washington Trust Company of Westerly1996-02-29

The Washington Trust Company of Westerly2002-02-08

The Washington Trust Company of Westerly1992-11-03

1–25 of 113

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