SBA Loans in Smithfield, RI

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

Browse all loans Find lenders in Smithfield

Total SBA loans

285

all programs

Approved $

$74.8M

last 24 months

Avg loan

$263K

median $245K

Active lenders

approved here

Jobs supported

2,099

cumulative

Loan activity map

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SMITHFIELD · 285 LOANS

Top lenders in Smithfield

Citizens Bank, National Association

Beacon Bank and Trust

Ocean State Business Development Authority

Eastern Bank

Bank of America, National Association

Bristol County Savings Bank

Top industries in Smithfield

Full-Service Restaurants

"Plumbing, Heating, and Air-Conditioning Contractors"

Child Day Care Services

General Automotive Repair

"Beer, Wine, and Liquor Stores"

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Loan records · Smithfield, RI

285 records

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Borrower

Location

Program

Industry

Rudrah Darshan LLC dba Home 2 Suites Bay Colony Development Corporation

Smithfield, RI

$3,704,000

$206K

504

Hotels (except Casino Hotels) and Motels

2015-11-23

Holiday Inn Express New England Certified Development Corporation

Smithfield, RI

$3,631,000

$1.8M

504

Hotels (except Casino Hotels) and Motels

2025-06-12

Northeast Motion, Inc Live Oak Banking Company

Smithfield, RI

$2,129,000

$355K

7(a)

All Other Industrial Machinery Manufacturing

2024-06-04

WAYFARER INN South Eastern Economic Development Corporation

Smithfield, RI

$1,442,000

$160K

504

Hotels (except Casino Hotels) and Motels

2006-05-19

Coffee Connection Bay Colony Development Corporation

Smithfield, RI

$1,428,000

$89K

504

Full-Service Restaurants

2022-04-26

Saint & Sons Inc.Citizens Bank, National Association

Smithfield, RI

$1,404,000

$702K

7(a)

Surveying and Mapping (except Geophysical) Services

2020-01-13

EFFIN'S LAST RESORT, LLC Navigant CU

Smithfield, RI

$1,400,000

$1.4M

7(a)

Lessors of Nonresidential Buildings (except Miniwarehouses)

2010-10-18

BRANCH RIVER PLASTICS, INC.Wachovia SBA Lending, Inc.

Smithfield, RI

$1,166,000

—

7(a)

Polystyrene Foam Product Manufacturing

2003-09-24

Branch River Plastics, Inc.New England Certified Development Corporation

Smithfield, RI

$1,150,000

$72K

504

Polystyrene Foam Product Manufacturing

2012-06-26

PRECISION TURNED COMPONENTS UPS Capital Business Credit

Smithfield, RI

$1,100,000

—

7(a)

Electronic Connector Manufacturing

1997-05-14

PROVIDENCE TEXTURE Bay Colony Development Corporation

Smithfield, RI

$1,075,000

$179K

504

"Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers"

2016-12-29

Orion Retail Services & Fixturing, Inc.Ocean State Business Development Authority

Smithfield, RI

$1,066,000

$82K

504

"Showcase, Partition, Shelving, and Locker Manufacturing"

2007-11-14

DPC Realty, LLC Ocean State Business Development Authority

Smithfield, RI

$1,026,000

$86K

504

Exterminating and Pest Control Services

2025-07-16

ARMENUCCI, LLC Greenwood CU

Smithfield, RI

$1,000,000

$9K

7(a)

Full-Service Restaurants

2018-10-31

NAGPAL AUTO AW LLC Live Oak Banking Company

Smithfield, RI

$960,000

$160K

7(a)

General Automotive Repair

2025-06-18

PUTNAM HOLDINGS, INC.Northeast Bank

Smithfield, RI

$950,000

—

7(a)

—

1999-11-05

NORTH PROVIDENCE DOGS 24/7 LLC First Financial Bank

Smithfield, RI

$943,000

$59K

7(a)

Pet Care (except Veterinary) Services

2025-04-28

Dr. Day Care, Inc. IV Ocean State Business Development Authority

Smithfield, RI

$915,000

$37K

504

Child Day Care Services

2011-09-15

DESMARK INDUSTRIES, INC./CCM R Northeast Bank

Smithfield, RI

$900,000

—

7(a)

All Other Miscellaneous Manufacturing

1998-12-17

V.F.CAPALDI CONSTRUCTION CORP GE Capital Small Business Finance Corporation

Smithfield, RI

$840,000

—

7(a)

Water, Sewer, and Pipeline Construction

2002-02-20

SERVICE CONTRACTING, INC.Santander Bank, National Association

Smithfield, RI

$800,000

—

7(a)

Painting and Wall Covering

1993-02-05

Cool Air Creations, Inc.New England Certified Development Corporation

Smithfield, RI

$779,000

$130K

504

Commercial Screen Printing

2008-01-09

KCI Paving and Concrete Bay Colony Development Corporation

Smithfield, RI

$762,000

$152K

504

Site Preparation Contractors

2021-10-01

FROST CONTROLS, INC.Citizens Bank, National Association

Smithfield, RI

$750,000

—

7(a)

Relay and Industrial Control Manufacturing

1994-10-06

Heaters Holdings, LLC Eastern Bank

Smithfield, RI

$750,000

$19K

7(a)

Full-Service Restaurants

2021-05-13

Rudrah Darshan LLC dba Home 2 Suites

Smithfield, RI

$3,704,000

504

Bay Colony Development Corporation$206K/job · 2015-11-23

New England Certified Development Corporation$1.8M/job · 2025-06-12

Northeast Motion, Inc

Smithfield, RI

$2,129,000

7(a)

Live Oak Banking Company$355K/job · 2024-06-04

South Eastern Economic Development Corporation$160K/job · 2006-05-19

Bay Colony Development Corporation$89K/job · 2022-04-26

Citizens Bank, National Association$702K/job · 2020-01-13

EFFIN'S LAST RESORT, LLC

Smithfield, RI

$1,400,000

7(a)

Navigant CU$1.4M/job · 2010-10-18

BRANCH RIVER PLASTICS, INC.

Smithfield, RI

$1,166,000

7(a)

Wachovia SBA Lending, Inc.2003-09-24

Branch River Plastics, Inc.

Smithfield, RI

$1,150,000

504

New England Certified Development Corporation$72K/job · 2012-06-26

PRECISION TURNED COMPONENTS

Smithfield, RI

$1,100,000

7(a)

UPS Capital Business Credit1997-05-14

Bay Colony Development Corporation$179K/job · 2016-12-29

Orion Retail Services & Fixturing, Inc.

Smithfield, RI

$1,066,000

504

Ocean State Business Development Authority$82K/job · 2007-11-14

Ocean State Business Development Authority$86K/job · 2025-07-16

Greenwood CU$9K/job · 2018-10-31

Live Oak Banking Company$160K/job · 2025-06-18

PUTNAM HOLDINGS, INC.

Smithfield, RI

$950,000

7(a)

Northeast Bank1999-11-05

NORTH PROVIDENCE DOGS 24/7 LLC

Smithfield, RI

$943,000

7(a)

First Financial Bank$59K/job · 2025-04-28

Dr. Day Care, Inc. IV

Smithfield, RI

$915,000

504

Ocean State Business Development Authority$37K/job · 2011-09-15

DESMARK INDUSTRIES, INC./CCM R

Smithfield, RI

$900,000

7(a)

Northeast Bank1998-12-17

V.F.CAPALDI CONSTRUCTION CORP

Smithfield, RI

$840,000

7(a)

GE Capital Small Business Finance Corporation2002-02-20

SERVICE CONTRACTING, INC.

Smithfield, RI

$800,000

7(a)

Santander Bank, National Association1993-02-05

Cool Air Creations, Inc.

Smithfield, RI

$779,000

504

New England Certified Development Corporation$130K/job · 2008-01-09

KCI Paving and Concrete

Smithfield, RI

$762,000

504

Bay Colony Development Corporation$152K/job · 2021-10-01

Citizens Bank, National Association1994-10-06

Heaters Holdings, LLC

Smithfield, RI

$750,000

7(a)

Eastern Bank$19K/job · 2021-05-13

1–25 of 285

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