Rhode Island District Office Fiscal 2011 Lending Report Message Rhode Island from District Director District Office Mark S. Hayward Staff am pleased to present this summary of SBA lend- ing in Rhode Island for the federal fiscal year that U.S. Small Business Administration I ended on September 30, 2011. It has been a record Rhode Island District Office year for access to capital. 380 Westminster Street, Room 511 The Rhode Island District Office was credited with Providence, Rhode Island 02903 $126,542,400 in loan dollar volume during the past fis- Phone: (401) 528-4561 Fax: (401) 528-4539 cal year. That is nearly 78 percent more than FY 2010, Web: www.sba.gov/ri and $18,529,855 more than FY 2004, when we had E-mail:
[email protected] $107,952,545 in dollar volume approved. This summary includes a breakdown of the 447 Executive Direction loans by program—7(a), 504, and MicroLoans. The District Director fiscal year-end BankRank Report also provides a rank- Mark S. Hayward Ext. 4540 ing by SBA lender.
[email protected] I want to especially express my appreciation to our participating lenders. We could not reach such an im- Assistant District Director portant milestone without them. They demonstrated Joan L. Moran Ext. 4580 their commitment to small business lending in these
[email protected] challenging economic times. They provided the much needed access to capital that the small business com- District Counsel munity must have to survive and grow. Allan E. Hanson Ext. 4574 Congratulations to BankRI for topping the list this
[email protected] year by approving 135 loans worth $21,051,000.