Over the last five years 362 SBA loans in Rhode Island went to businesses under two years old, 26% of every approval in the state (6 points below the national rate). 142 of them were loans that opened the business in the first place.
Every lender here has approved loans for businesses under two years old in Rhode Island. The percentage is how much of their Rhode Island lending went to new businesses, which tells you whether they do it routinely or made an exception.