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SBA Loans in Westerly, RI

Explore recent SBA 7(a) and 504 lending activity in Westerly. 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
240
all programs
Approved $
$68.7M
last 24 months
Avg loan
$286K
median $245K
Active lenders
37
approved here
Jobs supported
1,479
cumulative

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WESTERLY · 240 LOANS
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Top lenders in Westerly

The Washington Trust Company of Westerly
65
Citizens Bank, National Association
41
Bank of America, National Association
22
Ocean State Business Development Authority
13
Westerly Community CU
13
Independence Bank
10

Top industries in Westerly

Full-Service Restaurants
20
Hotels (except Casino Hotels) and Motels
14
General Automotive Repair
7
Child Day Care Services
6
Limited-Service Restaurants
5
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Loan records · Westerly, RI
240 records
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Strobes N' More, LLC
Westerly, RI
$5,000,000
7(a)
Beacon Bank and Trust$227K/job · 2023-10-27
Gene Properties LLC
Westerly, RI
$3,900,000
7(a)
Newtek Small Business Finance, Inc.$139K/job · 2021-05-07
Chrisenkim LLC
Westerly, RI
$2,650,000
7(a)
The Huntington National Bank$663K/job · 2025-05-06
Comfort Zone LLC
Westerly, RI
$2,161,000
7(a)
First Internet Bank of Indiana$166K/job · 2025-02-28
Gene Properties LLC
Westerly, RI
$2,000,000
7(a)
Bristol County Savings Bank$100K/job · 2010-02-19
Launch Milford Inc
Westerly, RI
$1,592,200
7(a)
First National Bank of Pennsylvania$40K/job · 2016-07-08
AQUA STAR MOTOR INN
Westerly, RI
$1,410,000
7(a)
Freedom National Bank$1.4M/job · 2008-11-28
Crestview Dental Associates
Westerly, RI
$1,230,000
7(a)
Wells Fargo Bank National Association$410K/job · 2016-08-18
Grey Sail Brewing Company, LLC
Westerly, RI
$1,156,000
504
Bay Colony Development Corporation$578K/job · 2016-11-07
Grey Sail Brewing Company, LLC
Westerly, RI
$1,030,000
504
Bay Colony Development Corporation$515K/job · 2021-10-27
Gene Properties LLC
Westerly, RI
$1,015,000
7(a)
Celtic Bank Corporation$203K/job · 2019-04-09
Nicholas J. Fusaro
Westerly, RI
$1,000,000
7(a)
Jewett City Savings Bank$1.0M/job · 2020-11-23
US Extruders, Inc.
Westerly, RI
$1,000,000
7(a)
Jewett City Savings Bank$1.0M/job · 2021-06-08
LITTLE PEOPLE DAY CARE
Westerly, RI
$990,000
7(a)
UPS Capital Business Credit1999-07-08
Margin Street Inn, LLC
Westerly, RI
$971,000
504
New England Certified Development Corporation2023-07-20
BARBARA STILLMAN, TERN INC. &
Westerly, RI
$950,000
7(a)
Northeast Bank1999-12-22
Radulescu Holdings, LLC
Westerly, RI
$920,000
7(a)
Live Oak Banking Company$115K/job · 2011-06-30
Gene Properties LLC
Westerly, RI
$900,000
7(a)
Celtic Bank Corporation$180K/job · 2019-04-16
ZULAD INC.
Westerly, RI
$850,000
7(a)
The Washington Trust Company of Westerly2004-04-28
Shelter Harbor Inn, Inc.
Westerly, RI
$830,000
7(a)
Newtek Small Business Finance, Inc.2017-03-28
Learning Group Westerly LLC
Westerly, RI
$788,000
504
Ocean State Business Development Authority2022-09-22
TIMBER CREEK RV RESORT, LLC
Westerly, RI
$750,000
7(a)
Citizens Bank, National Association1999-08-13
PADDY'S FUN-ONE INC.
Westerly, RI
$737,000
504
Ocean State Business Development Authority$29K/job · 1999-08-20
NINIGRET LANDING, INC.
Westerly, RI
$725,000
7(a)
The Washington Trust Company of Westerly1992-07-20
Hanley & Williams Lumber Co., Inc.
Westerly, RI
$700,000
7(a)
The Washington Trust Company of Westerly$39K/job · 2010-02-19
1–25 of 240
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