SBA lender profile
The Washington Trust Company of Westerly
The Washington Trust Company of Westerly appears in the public SBA loan data with 13 funded 7(a) loans totaling $2.6M, an average of $201K per loan, and an estimated 135 jobs supported. Its SBA lending concentrates in Rhode Island and the Retail Trade sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
13
Total volume
$2.6M
Average loan size
$201K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
135
Programs
7(a)
Where The Washington Trust Company of Westerly lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Rhode Island | 12 | $2.6M |
| Connecticut | 1 | $25K |
What The Washington Trust Company of Westerly funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 2 | $1.0M |
| Professional and Technical Services | 2 | $700K |
| Agriculture, Forestry, Fishing | 1 | $329K |
| Construction | 2 | $250K |
| Manufacturing | 2 | $150K |
| Health Care and Social Assistance | 1 | $60K |
The Washington Trust Company of Westerly SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 2 | $150K |
| 2021 | 2 | $700K |
| 2022 | 1 | $329K |
| 2023 | 2 | $85K |
| 2024 | 1 | $50K |
| 2025 | 5 | $1.3M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of The Washington Trust Company of Westerly's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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