SBA Loans for Offices of Physicians (except Mental Health Specialists) in Rhode Island: Top Lenders
NAICS 621NAICS 621 covers offices of all other miscellaneous health practitioners businesses in Rhode Island. Based on historical SBA 7(a) lending data.
Total Approvals
13
in Rhode Island
Median Loan Size
$100,000
per approval
Recent Activity
1
last 90 days through Nov 2025
NAICS 621 covers offices of all other miscellaneous health practitioners businesses. This is a smaller category in SBA 7(a) lending with 13 approvals on record and a median loan size of $100,000.
Key trends & insights
- Offices of Physicians (except Mental Health Specialists) in Rhode Island lending is concentrated — Webster Bank, National Association, Bristol County Savings Bank, Citizens Bank, National Association together account for 54% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Webster Bank, National Association leads this industry with 3 approvals (23% market share) and a median loan of $75,000.
- Offices of Physicians (except Mental Health Specialists) in Rhode Island loans skew smaller than the SBA average at $100,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Offices of Physicians (except Mental Health Specialists) in Rhode Island
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $75,000 | |
| 2 | 2 | $299,000 | |
| 3 | 2 | $388,750 | |
| 4 | 2 | $150,000 | |
| 5 | 1 | $100,000 | |
| 6 | 1 | $100,000 | |
| 7 | 1 | $75,000 | |
| 8 | 1 | $50,000 |
Recent SBA 7(a) approvals for Offices of Physicians (except Mental Health Specialists) in Rhode Island
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | CenTrust Bank, A Division of SmartBiz Bank National Associat | MMT*****LLC | PROVIDENCE, RI | $100,000 |
| 2025-11 | Webster Bank National Association | Fai*****.C. | EAST PROVIDENCE, RI | $30,000 |
| 2025-09 | Bank of America, National Association | Sil*****LLC | MIDDLETOWN, RI | $723,500 |
| 2025-05 | Citizens Bank, National Association | Jon*****cia | WARWICK, RI | $284,000 |
| 2025-04 | Celtic Bank Corporation | Dyn*****LLC | JOHNSTON, RI | $25,000 |
| 2025-03 | BankNewport | Ang*****LLC | JOHNSTON, RI | $100,000 |
| 2025-02 | Webster Bank National Association | DR.*****NC. | CRANSTON, RI | $59,000 |
| 2025-02 | Newtek Bank, National Association | Rho*****LLC | North Kingstown, RI | $100,000 |
| 2025-01 | Live Oak Banking Company | Den*****LLC | MIDDLETOWN, RI | $800,000 |
| 2024-12 | Brookline Bank, a Division of Beacon Bank and Trust | McA*****LLC | JOHNSTON, RI | $50,000 |
| 2024-12 | Live Oak Banking Company | Sen*****LLC | WARWICK, RI | $150,000 |
| 2024-10 | Bank of America, National Association | Den*****LLC | Middletown, RI | $702,000 |
| 2024-06 | Brookline Bank, a Division of Beacon Bank and Trust | New*****nc. | WARWICK, RI | $300,000 |
| 2024-05 | BankNewport | Oce*****nc. | MIDDLETOWN, RI | $49,500 |
| 2024-04 | Bank of America, National Association | Fam*****nc. | EAST PROVIDENCE, RI | $150,000 |
| 2024-04 | Community Investment Corporation | Ext*****LLC | Chepachet, RI | $150,000 |
| 2024-03 | BayCoast Bank | SAS*****LLC | EAST GREENWICH, RI | $200,000 |
| 2024-03 | Bristol County Savings Bank | Str*****LLC | WARWICK, RI | $300,000 |
| 2024-03 | BankNewport | New***** PC | NEWPORT, RI | $100,000 |
| 2023-11 | JPMorgan Chase Bank, National Association | Rho*****LLC | CRANSTON, RI | $250,000 |
| 2023-09 | Bristol County Savings Bank | Sar***** PC | RIVERSIDE, RI | $220,000 |
| 2023-09 | TD Bank, National Association | Fam*****LLC | PAWTUCKET, RI | $86,500 |
| 2023-08 | BankNewport | Ins*****LLC | NARRAGANSETT, RI | $100,000 |
| 2023-08 | BayCoast Bank | The*****LLC | WARWICK, RI | $50,000 |
| 2023-06 | Brookline Bank, a Division of Beacon Bank and Trust | Coa*****LLC | WARWICK, RI | $150,000 |
| 2023-06 | TD Bank, National Association | Tra*****LLC | WEST WARWICK, RI | $25,000 |
| 2023-04 | Bristol County Savings Bank | Pul*****Inc | EAST PROVIDENCE, RI | $181,000 |
| 2023-03 | TD Bank, National Association | JAC*****LLC | COVENTRY, RI | $126,000 |
| 2023-03 | TD Bank, National Association | JAC*****LLC | COVENTRY, RI | $126,000 |
| 2023-01 | BayCoast Bank | SAS*****LLC | WESTERLY, RI | $200,000 |
| 2023-01 | JPMorgan Chase Bank, National Association | McN*****LLC | PORTSMOUTH, RI | $100,000 |
| 2022-10 | Primary Bank | Rho*****LLC | NORTH SMITHFIELD, RI | $200,000 |
| 2022-09 | Brookline Bank, a Division of Beacon Bank and Trust | Sou*****ute | NORTH KINGSTOWN, RI | $100,000 |
| 2022-09 | Brookline Bank, a Division of Beacon Bank and Trust | Sou*****ute | NORTH KINGSTOWN, RI | $150,000 |
| 2022-08 | Bristol County Savings Bank | Sar***** PC | RIVERSIDE, RI | $298,000 |
| 2022-07 | Navigant CU | Pla*****LLC | CRANSTON, RI | $50,000 |
| 2022-07 | Business Development Company | Pre*****LLC | BARRINGTON, RI | $100,000 |
| 2022-02 | Webster Bank National Association | Eli*****LLC | NORTH PROVIDENCE, RI | $84,000 |
| 2022-01 | Primary Bank | Rho*****LLC | NORTH SMITHFIELD, RI | $1,200,000 |
| 2021-12 | MVB Bank, Inc. | Swe*****LLC | Middletown, RI | $383,000 |
| 2021-10 | BayFirst National Bank | The*****way | BRISTOL, RI | $50,000 |
| 2021-09 | Eastern Bank | Joe*****Ltd | WARWICK, RI | $385,000 |
| 2021-05 | BayCoast Bank | SAS*****LLC | NARRAGANSETT, RI | $100,000 |
| 2021-05 | Brookline Bank, a Division of Beacon Bank and Trust | Psy*****LLC | NORTH KINGSTOWN, RI | $75,000 |
| 2021-02 | Eastern Bank | BLA*****.C. | Central Falls, RI | $58,000 |
| 2021-02 | Webster Bank National Association | Eli*****LLC | NORTH PROVIDENCE, RI | $75,000 |
| 2021-02 | Webster Bank National Association | Eli*****LLC | NORTH PROVIDENCE, RI | $225,000 |
| 2021-02 | Citizens Bank, National Association | AEM*****LLC | WARWICK, RI | $104,000 |
| 2021-02 | Eastern Bank | BLA*****.C. | Central Falls, RI | $100,000 |
| 2020-08 | Citizens Bank, National Association | SHE*****IAT | WARWICK, RI | $742,500 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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