Independence Bank
EAST GREENWICH, RI 2818
States Served
Top Industries Financed
- All Other Specialty Trade Contractors
- Environmental Consulting Services
- Pet Care (except Veterinary) Services
Quick Summary
Independence Bank is an SBA-approved lender headquartered in EAST GREENWICH, Rhode Island. Since 2020, they have approved 3 SBA 7(a) loans totaling $425K, with an average loan size of $142K. They serve businesses across 3 states.
About Independence Bank
Independence Bank is an SBA-approved lender headquartered in EAST GREENWICH, Rhode Island. Since 2020, they have approved 3 SBA 7(a) loans totaling $425K, with an average loan size of $142K. They serve businesses across 3 states.
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Frequently Asked Questions
Is Independence Bank an SBA Preferred Lender?
Independence Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has Independence Bank approved?
According to SBA FOIA public records, Independence Bank has approved 3 SBA 7(a) loans totaling $425K since 2020. Their average loan size is $142K.
What states does Independence Bank serve?
Independence Bank serves businesses in 3 states: North Carolina, Nevada, Pennsylvania.
How do I apply for an SBA loan with Independence Bank?
To apply for an SBA 7(a) loan with Independence Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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