SBA brings $86.5M to R.I. small businesses, 26% increase over last year

THE U.S. Small Business Administration supported lending $86.5 million to Rhode Island businesses in the fiscal year that ended Sept. 30.
THE U.S. Small Business Administration supported lending $86.5 million to Rhode Island businesses in the fiscal year that ended Sept. 30.
PROVIDENCE – The U.S. Small Business Administration supported lending $86.5 million to Rhode Island businesses in the fiscal year that ended Sept. 30, an increase of 26 percent from the $68.6 million loaned a year earlier. At total of 433 SBA loans were approved, representing a 38 percent increase in the number of loans awarded…

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