Tag: 504 loan program
SBA: Rhode Island small businesses received $179M in loans in 2025
SMITHFIELD – Rhode Island small businesses received $179 million in loans in fiscal year 2025, a 56.9% increase over the previous year.
A total of...
New SBA loan rules spark debate among politicians, lenders
Impending changes at the U.S. Small Business Administration are stirring up whirlwinds of controversy – in Rhode Island and in Washington, D.C. – as...
BankNewport named top R.I. lender for SBA 504 program
NEWPORT – BankNewport was recently recognized as the top Rhode Island lender for the U.S. Small Business Administration’s 504 loan program for fiscal 2021,...
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