SBA lender profile
Westerly Community CU
Westerly Community CU appears in the public SBA loan data with 3 funded 7(a) loans totaling $942K, an average of $314K per loan, and an estimated 35 jobs supported. Its SBA lending concentrates in Rhode Island and the Construction 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
3
Total volume
$942K
Average loan size
$314K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
35
Programs
7(a)
Where Westerly Community CU lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Rhode Island | 3 | $942K |
What Westerly Community CU funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 1 | $652K |
| Retail Trade | 1 | $250K |
| Health Care and Social Assistance | 1 | $41K |
Westerly Community CU SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2021 | 2 | $692K |
| 2024 | 1 | $250K |
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 Westerly Community CU'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.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.