SBA 7(a) loans in Vermont
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
453loans approved
$61,000median loan
$27K–$200Kmiddle half of loans
$125.5Mtotal approved
10%median initial rate
10 yrsmedian term
The median Vermont loan is 65% smaller than the national median of $175,000.
Loan sizes
Top industries
| Industry (NAICS) | Loans | Median |
|---|---|---|
| Landscaping Services (561730) | 23 | $30,000 |
| Full-Service Restaurants (722511) | 20 | $72,500 |
| Residential Remodelers (236118) | 17 | $50,000 |
| Site Preparation Contractors (238910) | 11 | $37,000 |
| New Single-Family Housing Construction (except For-Sale Builders) (236115) | 10 | $47,500 |
Most active lenders in Vermont
| Lender | Loans | Median | Total |
|---|---|---|---|
| TD Bank, National Association | 100 | $38,000 | $12.0M |
| Manufacturers and Traders Trust Company | 85 | $30,000 | $5.8M |
| Community National Bank | 70 | $72,650 | $15.9M |
| Heritage Family Fcu | 19 | $85,000 | $1.7M |
| Keybank National Association | 15 | $100,000 | $3.1M |
| The Huntington National Bank | 12 | $300,000 | $6.8M |
| Eastrise Federal Credit Union | 11 | $50,000 | $968K |
| Live Oak Banking Company | 11 | $315,000 | $6.2M |
| Vermont Fcu | 10 | $50,000 | $684K |
SBA 504 loans in Vermont
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
45504 loans approved
$347,000median CDC portion
$38.8Mtotal CDC portion
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
Most active CDCs in Vermont
| Lender | Loans | Median | Total |
|---|---|---|---|
| Granite State Economic Development Corporation | 40 | $316,500 | $31.2M |
Starting a business in Vermont? See how to register your business.
What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.