STRONG
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
1,274
2010–2026
Total Volume
$623M
Gross loan amounts
States Active
10
With recorded loans
Programs
7(a) & 504
1274 total segments
Washington Trust Bank has a strong focus on existing businesses, with 47% of their deals supporting established companies. This is beneficial if you're looking to expand or refinance an existing operation.
With an average 7(a) spread of P+1.69%, Washington Trust Bank offers competitive pricing compared to the national median of P+2.75%. This could lead to significant savings on interest payments over the life of your loan.
The lender's growth trend shows a significant decline of 51% year-over-year in deal volume, which may indicate a tightening of lending standards. If you're considering applying, be prepared for potentially more scrutiny during the approval process.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 199 504 loans, which use fixed SBA debenture rates.
States where Washington Trust Bank has recorded SBA lending activity.
+ 5 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Specialty Trade Contractors
Construction
Manufacturing
Manufacturing
Other Health Practitioners
Health Care & Social Assistance
Transportation & Warehousing
Transportation & Warehousing
Administrative & Waste Services
Administrative & Waste Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Wholesale Trade
Wholesale Trade
+ 7 more
All recorded SBA lending activity for Washington Trust Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Washington · Transportation & Warehousing · Under $150K | 7(a) | 34 | P+2.00% | $55K | Q2 2025 |
| Washington · Specialty Trade Contractors · Under $150K | 7(a) | 33 | P+2.75% | $65K | Q1 2025 |
| Washington · Restaurants & Food Service · Under $150K | 7(a) | 29 | P+2.75% | $62K | Q4 2025 |
| Washington · Other Health Practitioners · Under $150K | 7(a) | 25 | P+2.25% | $59K | Q3 2024 |
| Washington · Manufacturing · Under $150K | 7(a) | 25 | P+2.25% | $72K | Q2 2025 |
| Washington · Other Health Practitioners · $150K – $350K | 7(a) | 19 | P+1.75% | $232K | Q1 2025 |
| Washington · Restaurants & Food Service · $150K – $350K | 7(a) | 17 | P+1.50% | $248K | Q3 2024 |
| Washington · Administrative & Waste Services · Under $150K | 7(a) | 17 | P+2.75% | $65K | Q1 2025 |
| Idaho · Specialty Trade Contractors · Under $150K | 7(a) | 14 | P+2.56% | $59K | Q1 2025 |
| Washington · Manufacturing · $150K – $350K | 7(a) | 14 | P+1.63% | $245K | Q2 2024 |
| Washington · Arts, Entertainment & Recreation · Under $150K | 7(a) | 13 | P+2.00% | $91K | Q2 2025 |
| Idaho · Manufacturing · Under $150K | 7(a) | 13 | P+1.50% | $91K | Q1 2025 |
| Washington · Restaurants & Food Service · $500K – $1M | 7(a) | 13 | P+1.00% | $714K | Q1 2025 |
| Idaho · Restaurants & Food Service · Under $150K | 7(a) | 13 | P+2.75% | $43K | Q1 2022 |
| Washington · Personal Care (Salons, Spas) · Under $150K | 7(a) | 13 | P+2.75% | $72K | Q3 2023 |
| Idaho · Transportation & Warehousing · Under $150K | 7(a) | 10 | P+3.38% | $41K | Q1 2024 |
| Washington · Building Construction · Under $150K | 7(a) | 10 | P+2.88% | $66K | Q3 2024 |
| Washington · Retail Trade · $150K – $350K | 7(a) | 10 | P+1.50% | $220K | Q4 2024 |
| Idaho · Restaurants & Food Service · $150K – $350K | 7(a) | 9 | P+2.00% | $249K | Q3 2021 |
| Idaho · Administrative & Waste Services · Under $150K | 7(a) | 9 | P+2.75% | $72K | Q4 2019 |
| Washington · Arts, Entertainment & Recreation · $150K – $350K | 7(a) | 9 | P+1.25% | $242K | Q3 2025 |
| Washington · Transportation & Warehousing · $350K – $500K | 7(a) | 8 | P+0.75% | $451K | Q4 2024 |
| Oregon · Restaurants & Food Service · Under $150K | 7(a) | 8 | P+1.88% | $75K | Q2 2025 |
| Washington · Restaurants & Food Service · $1M – $2M | 7(a) | 8 | P+1.00% | $1.4M | Q2 2025 |
| Idaho · Personal Care (Salons, Spas) · Under $150K | 7(a) | 8 | P+3.25% | $39K | Q1 2024 |
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