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Centreville Bank opens Providence loan production office

PROVIDENCE – Centreville Bank opened its first self-standing loan production office in downtown Providence on Aug. 18, according to a news release. The office at...

R.I. Infrastructure Bank closes $33M in road and bridge program loans

PROVIDENCE – The Rhode Island Infrastructure Bank recently announced $32.5 million in low-interest loans for road and bridge projects in Providence, Warwick and Cumberland,...
STEADFAST: Mark S. Hayward, director of the SBA’s Rhode Island district office, says businesses that persevere will find the help they need to bounce back from the corona­virus crisis. / PBN FILE PHOTO/RUPERT WHITELEY

Perseverance, not panic, the path to surviving coronavirus crisis

None of us has been here before, in a rapidly collapsing economy with industries being shut down virtually overnight. But history is still the...
MEETING OF MINDS: Mark S. Hayward, left, director of the U.S. Small Business Administration Rhode Island District Office, discusses plans with Robert Russell, center, corporate ambassador for Aretec Inc., and Charles Newton, a director for the Ocean State Business Development Authority Inc. / PBN PHOTORUPERT WHITELEY

Five Questions With: Mark S. Hayward

Mark S. Hayward | Director, U.S. Small Business Administration Rhode Island District Office 1. Was 2019 a good year for small businesses in Rhode...
THE SHARE of commercial real estate loans in delinquency in the Providence metro area was 2.7% in November, according to Trepp LLC.

Commercial real estate loan delinquency in Providence metro declined Y/Y in...

PROVIDENCE – The share of commercial real estate loans in delinquency in the Providence metropolitan area declined 5.2 percentage points year over year to 2.7%...

Survey: Bank branches main channel for Americans seeking loans, advisers

PROVIDENCE – Research undertaken by GlobalData, a London-based data and analytics company, shows that United States banks should limit branch closures despite the growth...

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