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PPP loans in Newport County, Rhode Island

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 3,177 Paycheck Protection Program loans for businesses it recorded in Newport County, $251.6 million in all.

Newport County, as of September 30, 2024

$251.6 million
Approved
$251,584,223
8.7% of the $2.9 billion approved in Rhode Island.
3,177
Loans
2,226 first draws and 951 second draws.
96.1%
Forgiven
3,052 of 3,177 loans carry a forgiveness amount, $246.2 million in all.
2.9%
Charged off
91 of 3,177 loans, approved for $2.1 million. That is the loans' size, not what SBA lost.

The largest borrowers in Newport County · 2020–21

1 more column on a wider screen

The largest borrowers in Newport County, 2020–21
RankNameUSD
1Kvh Industries Inc, Middletown$6.9 million
2East Bay Community Action Program, Newport$4.0 million
3Looking Upwards, Middletown$3.6 million
4Visiting Nurse Services Of Newportand Bristol Counties, Portsmouth$3.3 million
5Preservation Society Of Newport County, Newport$2.6 million
6Ginri Assets, LLC, Newport$2.5 million
7Purvis Systems Incorporated, Middletown$2.2 million
8Ginri Assets LLC, Newport$2.0 million
8The Preservation Society Of Newport County, Newport$2.0 million
10Network And Simulation Technologies Inc, Middletown$1.9 million
11James L Maher Center, MIddletown$1.6 million
12Viti Inc, Tiverton$1.5 million
13Midtown Oyster Bar LLC, Newport$1.4 million
14Hodges Badge Company Inc, Portsmouth$1.4 million
14Hodges Badge Company Inc, Portsmouth$1.4 million
16Castle Hill, Inc., Newport$1.4 million
17Idc Inc., Newport$1.4 million
18Sheehan's Office Product's Inc, Portsmouth$1.3 million
19Delphi-Us, LLC, Newport$1.3 million
20Psb Solutions, Inc, Tiverton$1.3 million
21Child And Family Services Of Newport County Inc, Middletown$1.3 million
22Seaview Hotel Inc, Middletown$1.3 million
23Child And Family Services Of Newport County, Inc., Middletown$1.3 million
24Park South Hotel LLC, Newport$1.3 million
25Brand & Oppenheimer Co. Inc., Portsmouth$1.2 million
26Newport Vineyards & Winery LLC, Middletown$1.2 million
27Bannisters Wharf Co Inc, Newport$1.2 million
28Kirby Perkins Constructions Inc, Middletown$1.2 million
29Kirby Perkins Construction,Inc., Middletown$1.2 million
30Forty 1 North LLC, Newport$1.2 million
31Idc, Inc., Newport$1.2 million
32Cosmed Group, Inc., Jamestown$1.1 million
33Landings Management, LLC, Newport$1.1 million
34The Mooring Ltd., Newport$1.0 million
35St Clare Home, Newport$1.0 million
36Village House Convalescent Home Inc., Newport$1.0 million
37East Coast Landscaping And Construction Inc, Portsmouth$964.3 thousand
38Newport County Community Mental Health Center, Middletown$955.5 thousand
39The Saint Clare Home Inc., Newport$943.8 thousand
40Seaview Hotel Inc, Middletown$929.7 thousand
41Newport Waterfront Landing, Newport$900.0 thousand
42Bannister's Wharf Company, Inc, Newport$859.5 thousand
43The Chanler Inc., Newport$852.9 thousand
44Castle Hill Inc, Newport$823.8 thousand
45Barry's Auto Group Inc., Newport$818.0 thousand
46Plumb Inc, Newport$813.7 thousand
47Towerstream I Inc, Middletown$808.9 thousand
48International Tennis Hall Of Fame Incorp, Newport$786.6 thousand
49Saccucci Auto Group, Inc, Middletown$781.7 thousand
50Mdr Enterprises LLC, Middletown$764.8 thousand
51Mdr Enterprises LLC, Middletown$764.8 thousand
52West Indies Management Company Inc., Newport$760.2 thousand
53Aspire Dermatology, Middletown$742.6 thousand
54Newport Vineyards & Winery, LLC, Middletown$732.8 thousand
55International Tennis Hall Of Fame Incorporated, Newport$704.8 thousand
5622 Bowen's Wine Bar And Grille, LLC, Newport$692.6 thousand
57Langway Of Newport Inc, Middletown$689.1 thousand
58Pierce Agency Of Portsmouth, Inc, Middletown$676.6 thousand
59N T Corporation, Newport$659.2 thousand
60Newport Waterfront Landing,Inc, Newport$652.8 thousand
61Kale Stems LLC, Newport$652.7 thousand
62Newport Biodiesel Inc., Newport$650.1 thousand
62Newport Biodiesel, Inc., Newport$650.1 thousand
64Aquidneck Donuts Inc, Portsmouth$636.4 thousand
65Belle Mer Inc., Newport$636.4 thousand
66Clements Marketplace, Inc., Portsmouth$630.5 thousand
67The Mooring Ltd, Newport$611.9 thousand
68The Chanler Inc, Newport$609.2 thousand
69Newport Electric Construction Corp, Portsmouth$601.0 thousand
70Plumb Inc, Newport$581.2 thousand
71Azri Partners Inc, Middletown$577.3 thousand
72Saint Philomena School, Portsmouth$573.2 thousand
73Aquidneck Country Club, Inc., Portsmouth$569.0 thousand
74The John Clarke Retirement Center, Middletown$563.9 thousand
75Marine Acoustics Inc, Middletown$543.5 thousand
76West Indies Management Company, Inc., Newport$542.9 thousand
77Boat House Restaurant, LLC, Tiverton$542.8 thousand
78Dk Catering LLC, Middletown$540.5 thousand
79Viti Automotive Group, Inc, Tiverton$531.7 thousand
80International Manufacturing Services, Inc, Portsmouth$531.4 thousand
81Newport Hotel Group, LLC, Middletown$515.0 thousand
81St. Michael's Country Day School, Newport$515.0 thousand
83J2 Construct Inc, Newport$507.0 thousand
84Old Battle Axe Inc., Newport$489.9 thousand
85Donovan & Sons, Inc, Middletown$479.7 thousand
86Behan Bros. Inc., Middletown$476.6 thousand
87Newport North Hotel Holding LLC A Nc LLC, Newport$476.1 thousand
88Newport County Regional Ymca, Middletown$474.0 thousand
89Newport County Ymca, Middletown$473.9 thousand
90N. T. Corporation, Newport$469.9 thousand
91Kale Stems, LLC, Newport$466.2 thousand
92The Chemical Company, Jamestown$459.9 thousand
93The Chemical Company, Jamestown$454.9 thousand
94P D Humphrey Co., Inc., Tiverton$453.9 thousand
95McGrath Clambakes LLC, Newport$450.7 thousand
96The Florez Group Inc., Newport$448.5 thousand
97Research Engineering & Manufacturing Inc., Middletown$444.8 thousand
98Research Engineering & Manufacturing Inc, Middletown$444.8 thousand
99Newport Beach House Inc., Middletown$440.5 thousand
100Behan Bros., Inc., Middletown$437.5 thousand

How the list is drawn

  • 100 of the 3,046 borrowers ranked in Newport County are listed: every one ranked in the top 100, with ties. Borrowers approved the same amount share a rank, so the list can be longer than 100.
  • A borrower is ranked here when SBA recorded its first loan in Newport County. Its amount is summed over every loan it was approved, a first draw, a second or both, and is not what was forgiven or repaid, which each borrower’s page shows loan by loan.

Sources

Data retrieved