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HARBORONE BANK of Warwick was among six banks and business finance firms honored as exemplary lenders for small business in a recent ceremony by the U.S. Small Business Administration. Shown above are (left to right) SBA Regional Administrator Wendell Davis, HarborOne Bank Vice President Joseph Hindle, and SBA Regional Director Mark Hayward. / COURTESY/U.S. SMALL BUSINESS ADMINISTRATION

SBA honors R.I. small-business lenders of the year

LINCOLN – Four banks and two business finance firms in Rhode Island were honored as exemplary lenders to small businesses by the U.S. Small...
SUBMARINE TECH: MIKEL Inc. President Kelly Mendell speaks with Dave Lambert, engineer and program manager, about the company’s Surface Ship component of its SANS Beacon underwater navigation aid system. The company supports the submarine community with technical and logistic expertise. / PBN PHOTO/KATE WHITNEY LUCEY

Risk-taking propels Mikel’s can-do CEO

WHEN IT COMES TO RUNNING A BUSINESS, failure is not an option for Kelly Mendell, president of MIKEL Inc. in Middletown. That’s according to Mark...

SBA-backed loans in R.I. decline in first half of fiscal 2018

PROVIDENCE — Halfway through the current fiscal year, the U.S. Small Business Administration has guaranteed 7.5 percent less in loans to local businesses, even...
BOB DIPIETRO, CO-FOUNDER and co-owner of the RI Mushroom Company just secured a $325,000 loan through the Business Development Co.

Commerce RI state SMB program has backed loans worth $600,000 so...

PROVIDENCE – A program to inject capital into some Rhode Island small businesses is picking up momentum, according to the R.I. Commerce Corp. Created...

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