SBA lender profile
Greenwood CU
Greenwood CU appears in the public SBA loan data with 70 funded 7(a) loans since FY2010, totaling $8.6M, an average of $122K per loan, and an estimated 853 jobs supported. Its SBA lending concentrates in Rhode Island and the Accommodation and Food Services sector. Across its 7(a) loans, the charge-off rate is 2.9%. 31.4% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 71
- Scale 24
- Activity 0
- Consistency 57
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Greenwood CU the right lender for you?
Lenders fund what they know. Greenwood CU's SBA lending concentrates in Rhode Island (70 loans) and Accommodation and Food Services (9 loans), at an average loan of $122K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Where Greenwood CU lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Rhode Island | 70 | $8.6M |
What Greenwood CU funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 9 | $2.8M |
| Professional and Technical Services | 10 | $1.8M |
| Construction | 8 | $655K |
| Administrative and Support | 8 | $589K |
| Other Services | 9 | $510K |
| Retail Trade | 2 | $500K |
Greenwood CU SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2012 | 3 | $141K |
| 2013 | 5 | $210K |
| 2014 | 2 | $125K |
| 2015 | 15 | $1.3M |
| 2016 | 8 | $526K |
| 2017 | 14 | $1.1M |
| 2018 | 3 | $330K |
| 2019 | 12 | $3.5M |
| 2020 | 2 | $200K |
| 2021 | 4 | $700K |
| 2022 | 2 | $365K |
Related SBA lenders
Other lenders active in Rhode Island or in Accommodation and Food Services.
Comparing lenders? See how to choose an SBA lender by track record.
Greenwood CU: frequently asked questions
Does Greenwood CU offer SBA loans?
Yes. Greenwood CU appears in the public SBA data with 70 funded SBA 7(a) loans totaling $8.6M.
How many SBA loans has Greenwood CU made?
Greenwood CU is associated with 70 SBA 7(a) loans totaling $8.6M in the public SBA data (as of 2026-03-31).
What is Greenwood CU's SBA charge-off rate?
About 2.9% of Greenwood CU's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does Greenwood CU do most of its SBA lending?
Greenwood CU's SBA lending in the data is most concentrated in Rhode Island, and by industry in Accommodation and Food Services.
Is Greenwood CU an SBA Preferred Lender (PLP)?
The loan record shows Greenwood CU operating under PLP delegated authority: 22 of its 7(a) loans (31.4%) were processed through the Preferred Lenders Program. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Greenwood CU SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/greenwood-cu/
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