# Eastern Bank SBA loans in Rhode Island

**Short answer:** SBA's loan file shows Eastern Bank made 125 SBA loans in Rhode Island since October 2019. The median loan was $150,000, 2.3 times its national median of $65,000. 47.2% were lines of credit, against 26.6% of its loans nationally.

Canonical page: https://www.sbaexpress.loans/sba-express-lenders/eastern-bank/rhode-island/
Data as of: 2026-06-30

This site is not Eastern Bank

sbaexpress.loans is not Eastern Bank, and Eastern Bank did not provide, review or pay for this page. Janover Capital LLC runs this site. Every figure on this page comes from SBA's public 7(a) loan file, not from Eastern Bank.

These are the 125 SBA 7(a) loans [Eastern Bank](https://www.sbaexpress.loans/sba-express-lenders/eastern-bank/) made in [Rhode Island](https://www.sbaexpress.loans/rhode-island-small-business-loans/) approved October 2019 to June 2026. Each figure is set against all of its loans in the U.S. over the same period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what the lender has done and not what it will do for you. Every state page for this lender uses this same period, so the pages can be compared with each other.

## How Eastern Bank differs in Rhode Island

**What this means for you.** Use the local range, not the national one, to judge your own request: half of these loans in Rhode Island ran from $58,000 to $272,000.

### Loan size

The median loan was $150,000 in Rhode Island, 2.3 times its national median of $65,000.

The middle half of loans in Rhode Island ran from $58,000 to $272,000. For all its loans the middle half ran from $34,925 to $150,000.

Median loan, Oct 2019 to Jun 2026

- Rhode Island: $150,000
- All its U.S. loans: $65,000

### Lines of credit

47.2% of the loans in Rhode Island were lines of credit, against 26.6% of its loans nationally.

Lines of credit, share of loans, Oct 2019 to Jun 2026

- Rhode Island: 47.2%
- All its U.S. loans: 26.6%

### SBA Express

76.0% of the loans in Rhode Island went through SBA Express, against 86.6% of its loans nationally.

SBA Express, share of loans, Oct 2019 to Jun 2026

- Rhode Island: 76.0%
- All its U.S. loans: 86.6%

We compared 9 measures with the national figure for the same period, and these are the 3 that differ clearly. One more difference is in the table.

## Rhode Island next to the U.S.

**Rhode Island compared with all of Eastern Bank's U.S. loans, October 2019 to June 2026**

| Measure | Rhode Island | All its U.S. loans | Reading |
| --- | --- | --- | --- |
| Lender's share of all SBA loans | 10.1% | 0.65% | Clearly higher |
| Median loan | $150,000 | $65,000 | Clearly higher |
| Middle half of loans | $58,000 to $272,000 | $34,925 to $150,000 | – |
| Startups (the loan opens the business) | 8.8% | 3.7% | No clear gap |
| In business 2 years or less | 10.4% | 10.3% | No clear gap |
| In business more than 2 years | 72.0% | 80.5% | No clear gap |
| Change of ownership | 8.8% | 3.0% | No clear gap |
| SBA Express | 76.0% | 86.6% | Clearly lower |
| Lines of credit | 47.2% | 26.6% | Clearly higher |
| Median term | 8.9 years | 5 years | – |
| Median spread over Prime at approval | 1.5 points over Prime | 2 points over Prime | – |

Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference.

## What Eastern Bank lends to in Rhode Island

The industry below accounts for 6 of the 125 loans approved October 2019 to June 2026, or 4.8%. An industry is listed when it has 5 or more of them, five at most.

**Top industries in Rhode Island**

| Industry | Loans | Share here | U.S. share |
| --- | --- | --- | --- |
| [Beer, Wine, and Liquor Retailers](https://www.sbaexpress.loans/industries/beer-wine-liquor-retailers/) | 6 | 4.8% | Not in top 5 |

Share here is the industry's share of the lender's loans in this state. U.S. share is its share of all the lender's loans nationally. Not in top 5 means it is not one of the lender's five most common industries.

## Other lenders in Rhode Island

Other lenders in Rhode Island with a clear difference from the national pattern, most loans first.

**Other lenders in Rhode Island**

| Lender | Loans since October 2019 |
| --- | --- |
| [Beacon Bank and Trust](https://www.sbaexpress.loans/sba-express-lenders/beacon-bank-and-trust/rhode-island/) | 117 |

How to read this

Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. A lender's past loans do not describe its current credit policy. Location is the borrower's address in the file. Loans are those approved October 1, 2019 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/).

## Sources

- [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)