SBA Lenders in Vermont
In fiscal years 2021–2026, 69 lenders made 922 SBA loans in Vermont, totaling $250.6 million. The average loan was $271,818, and 39% went to startups or businesses under two years old.
By program: 317 7(a) loans, 605 SBA Express and 0 504 (counting both the CDC and partner bank on each project).
Top 10 most active SBA lenders in Vermont
| # | Lender | SBA loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | TD Bank, National Association Wilmington, DE | 143 | $144,536 | 40% | 7(a), Express |
| 2 | Community National Bank Derby, VT | 127 | $192,374 | 39% | 7(a), Express |
| 3 | Manufacturers and Traders Trust Company Buffalo, NY | 114 | $83,589 | 28% | 7(a), Express |
| 4 | Heritage Family FCU Rutland, VT | 59 | $114,895 | 61% | Express |
| 5 | EastRise Federal Credit Union Williston, VT | 49 | $77,837 | 63% | 7(a), Express |
| 6 | North Country Federal Credit Union South Burlington, VT | 31 | $62,216 | 71% | Express |
| 7 | KeyBank National Association Cleveland, OH | 30 | $220,003 | 63% | 7(a), Express |
| 8 | Vermont 504 Corporation Montpelier, VT | 27 | $153,822 | 48% | 7(a) |
| 9 | Peoples Trust Company of St. Albans Saint Albans, VT | 27 | $97,878 | 37% | Express |
| 10 | Vermont FCU Burlington, VT | 25 | $102,180 | 48% | 7(a), Express |
Lenders that fund the most startups in Vermont
- TD Bank, National Association — 57 startup loans (40% of its loans)
- Community National Bank — 50 startup loans (39% of its loans)
- Heritage Family FCU — 36 startup loans (61% of its loans)
- Manufacturers and Traders Trust Company — 32 startup loans (28% of its loans)
- EastRise Federal Credit Union — 31 startup loans (63% of its loans)
SBA loans by industry in Vermont
- Construction139 loans
- Retail Stores126 loans
- Manufacturing115 loans
- Restaurants & Lodging98 loans
- Cleaning, Landscaping & Admin79 loans
- Professional Services70 loans
- Personal Services & Repair65 loans
- Health Care64 loans
- Trucking & Transportation43 loans
- Wholesale & Distribution30 loans
- Fitness & Entertainment26 loans
- Real Estate & Rental22 loans
- Agriculture & Fishing16 loans
Related guides
Frequently asked questions
Which lenders make the most SBA loans in Vermont?
Based on public SBA data for fiscal years 2021–2026, the most active were TD Bank, National Association, Community National Bank, Manufacturers and Traders Trust Company. Also compare their average loan size and how much they lend to startups.
How many SBA loans were made in Vermont?
922 SBA loans totaling $250.6 million in fiscal years 2021–2026, with an average of $271,818.
Can I get an SBA loan in Vermont with a green card?
No. Since March 2026, all owners must be U.S. citizens or nationals for SBA 7(a) and 504 loans. CDFIs and some credit unions are good alternatives.
Find your lender
Filter by program and name, or check in 2 minutes whether you might qualify.
Open the lender finder Do I qualify?
Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.