Tag: Small Business Administration
BankRI’s new parent company posts $56.3M loss after Brookline-Berkshire merger
BOSTON – Beacon Financial Corp., the holding company of Bank Rhode Island, reported a third-quarter net loss of $56.3 million on Wednesday, reversing a...
For 35M small businesses, tariff uncertainty hits especially hard
Imagine it’s April 2025 and you’re the owner of a small but fast-growing e-commerce business. Historically, you’ve sourced products from China, but the president...
Warwick wellness studio specializes in float therapy
After just 15 minutes into his first session of float therapy, Scott Mitchell fell into a deep meditation.
Mitchell, who was looking for a way...
Everybody’s Business: At Narragansett restaurant, new generation builds on immigrant resolve
(Editor’s note: This is the 54th installment in a monthly series speaking with minority business owners and leaders. Each will be asked their views...
Meet the Makers: Warwick poker table maker has played its cards...
(Editor’s note: This is the 28th installment in a monthly series highlighting some of the region’s unsung manufacturers that make products essential to the...
Everybody’s Business: Building a wellness store that uplifts the community
(Editor’s note: This is the 52nd installment in a monthly series speaking with minority business owners and leaders. Each will be asked their views...
BankNewport reports $136.7M in revenue for 2023, up 29.5% from a...
NEWPORT – OceanPoint Financial Partners, the mutual holding company for BankNewport, ended 2023 with a record $2.68 billion in assets and $2.14 billion in...
North Kingstown contractor admits to bankruptcy fraud
PROVIDENCE – A North Kingstown contractor pleaded guilty to bankruptcy fraud, money laundering and other charges, U.S. Attorney for Rhode Island Zachary A. Cunha...
SBA awards Chafee Center $150K to support small-businesses exporting
SMITHFIELD – The John H. Chafee Center for International Business at Bryant University on Wednesday received a $150,000 grant from the U.S. Small Business...
SBA disaster declaration approved for Block Island businesses, residents
PROVIDENCE – Just over a week after the historic Harborside Inn burned down, Gov. Daniel J McKee announced Monday his request for a disaster...
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