SBA lender profile
Westerly Community CU
Westerly Community CU appears in the public SBA loan data with 52 funded 7(a) loans since FY2010, totaling $4.3M, an average of $83K per loan, and an estimated 200 jobs supported. Its SBA lending concentrates in Rhode Island and the Construction sector. Across its 7(a) loans, the charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 81
- Scale 10
- Activity 15
- Consistency 56
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Westerly Community CU the right lender for you?
Lenders fund what they know. Westerly Community CU's SBA lending concentrates in Rhode Island (47 loans) and Construction (9 loans), at an average loan of $83K. 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 Westerly Community CU lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Rhode Island | 47 | $3.9M |
| Connecticut | 4 | $394K |
| Vermont | 1 | $23K |
What Westerly Community CU funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 9 | $1.1M |
| Retail Trade | 11 | $809K |
| Accommodation and Food Services | 8 | $491K |
| Other Services | 6 | $400K |
| Arts, Entertainment, Recreation | 2 | $359K |
| Administrative and Support | 4 | $320K |
Westerly Community CU SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 11 | $500K |
| 2011 | 15 | $931K |
| 2012 | 13 | $840K |
| 2013 | 5 | $410K |
| 2014 | 3 | $330K |
| 2016 | 2 | $360K |
| 2021 | 2 | $692K |
| 2024 | 1 | $250K |
Related SBA lenders
Other lenders active in Rhode Island or in Construction.
Comparing lenders? See how to choose an SBA lender by track record.
Westerly Community CU: frequently asked questions
Does Westerly Community CU offer SBA loans?
Yes. Westerly Community CU appears in the public SBA data with 52 funded SBA 7(a) loans totaling $4.3M.
How many SBA loans has Westerly Community CU made?
Westerly Community CU is associated with 52 SBA 7(a) loans totaling $4.3M in the public SBA data (as of 2026-03-31).
What is Westerly Community CU's SBA charge-off rate?
About 0.0% of Westerly Community 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 Westerly Community CU do most of its SBA lending?
Westerly Community CU's SBA lending in the data is most concentrated in Rhode Island, and by industry in Construction.
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). Westerly Community CU SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/westerly-community-cu/
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