SBA Loans for Sewing in Rhode Island: Top Lenders
NAICS 451NAICS 451 covers sewing, needlework, and piece goods stores businesses in Rhode Island. Based on historical SBA 7(a) lending data.
Total Approvals
2
in Rhode Island
Median Loan Size
$680,000
per approval
Recent Activity
0
last 90 days through Feb 2022
NAICS 451 covers sewing, needlework, and piece goods stores businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $680,000.
Key trends & insights
- Sewing in Rhode Island loans run larger than the SBA average — a $680,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2022-02-17 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Sewing in Rhode Island
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $100,000 | |
| 2 | 1 | $1,260,000 |
Recent SBA 7(a) approvals for Sewing in Rhode Island
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-02 | Eastern Bank | Bay*****nee | NORTH SMITHFIELD, RI | $1,260,000 |
| 2021-02 | Community Investment Corporation | Cha*****LLC | Newport, RI | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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