Lender intelligence
Financing a limited-service restaurants acquisition in Rhode Island
The SBA 7(a) lenders funding the most limited-service restaurants acquisitions in Rhode Island, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in limited-service restaurants · Rhode Island
Ranked by funded limited-service restaurants acquisitions in Rhode Island. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.3 loans · $0M · Taunton, MAFull record →
- 2.105 loans · $164M · Brookline, MAFull record →
3+ funded Limited-Service Restaurants in Rhode Island deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Lavender Haze LLC in Middletown, RI — $150K (2023) · purchase · South Eastern Economic Development Corporation
- Program
- Community Advantage Initiative
- Subprogram
- Community Advantage Initiative
- Rate at approval
- 7% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $128K (85%)
- Approval → funding
- 24 days
- Approved
- 3/13/2023
- First disbursed
- 4/6/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $167K
- Est. down payment (10%)
- $17K
- Est. cash at closing
- $21K
- Monthly payment
- $1,742
- Annual debt service
- $21K
- Cash flow needed (1.25×)
- $26K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by South Eastern Economic Development Corporation · Lender record →
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- VHBC LLC in Jamestown, RI — $245K (2021) · purchase · Beacon Bank and Trust
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $221K (90%)
- Approval → funding
- 12 days
- Approved
- 1/7/2021
- First disbursed
- 1/19/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $272K
- Est. down payment (10%)
- $27K
- Est. cash at closing
- $36K
- Monthly payment
- $2,720
- Annual debt service
- $33K
- Cash flow needed (1.25×)
- $41K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Beacon Bank and Trust · Lender record →
Your business? Claim this record · Request removal
- Whatts LLC in Providence, RI — $75K (2020) · purchase · Business Development Company
- Program
- 7a General
- Rate at approval
- 7.5% fixed
- Term
- 60 mo (5 yrs)
- SBA guaranteed
- $64K (85%)
- Approval → funding
- 49 days
- Approved
- 6/12/2020
- First disbursed
- 7/31/2020
- Loan status
- Paid in full (3/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $83K
- Est. down payment (10%)
- $8K
- Est. cash at closing
- $11K
- Monthly payment
- $1,503
- Annual debt service
- $18K
- Cash flow needed (1.25×)
- $23K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Business Development Company
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to limited-service restaurants businesses with a Rhode Island project address.
Agent summary
How to finance a limited-service restaurants acquisition in Rhode Island with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Rhode Island deals. South Eastern Economic Development Corporation funds the most here. DealRoom is not a lender.
- $575K typical loan
- 3 lenders active in Rhode Island
- 3+ funded Rhode Island deals
- 24 days typical to fund
Buyers buying a limited-service restaurants in Rhode Island typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.