Lenders › Community National Bank
7(a) lenderDerby, VermontFDIC-insured bank280th of 2,184 by approvals
Community National Bank
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Community National Bank (Derby, Vermont) is an FDIC-insured bank in the SBA 7(a) program, 280th of 2,184 by approvals in FY2021 to FY2025: 121 loans worth $28.7M.
In FY2025, the latest complete fiscal year, it had 28 approvals totalling $11.1M, down 10% on FY2024 (31). FY2026 to 30 Jun 2026 adds 12 more.
The median approval was $75K, against $190K for the 7(a) program as a whole; 70.2% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 4 states and territories and 12 counties, led by Vermont (95.9%), New Hampshire (1.7%) and Colorado (1.7%). The largest industry group was manufacturing at 22.3% of approvals, and 3.3% of approvals were to franchise businesses.
Of 316 disbursed loans approved in FY2010 to FY2021, SBA records 11 as charged off (3.5%), 257 as paid in full and 48 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 12 | $1.1M | $65K | $90K | 92 |
| FY2025 | 28 | $11.1M | $89K | $396K | 360 |
| FY2024 | 31 | $4.3M | $50K | $137K | 212 |
| FY2023 | 22 | $2.8M | $75K | $129K | 211 |
| FY2022 | 17 | $3.1M | $100K | $181K | 248 |
| FY2021 | 23 | $7.5M | $122K | $325K | 390 |
| FY2020 | 51 | $6.1M | $68K | $119K | 635 |
| FY2019 | 36 | $3.8M | $70K | $106K | 299 |
| FY2018 | 35 | $4.9M | $60K | $140K | 454 |
| FY2017 | 23 | $6.1M | $105K | $267K | 272 |
| FY2016 | 37 | $8.9M | $140K | $240K | 495 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 182 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Vermont | 7(a) program |
|---|---|---|---|
| Approvals in these years | 339 | 2,647 | 639,905 |
| Cancelled or never disbursed | 23 | 259 | 79,313 |
| Disbursed loans | 316 | 2,388 | 560,592 |
| Paid in full | 257 | 2,035 | 435,813 |
| Charged off | 11 | 104 | 36,891 |
| Still outstanding (status exempt from disclosure) | 48 | 249 | 87,888 |
| Charged off, share of disbursed loans | 3.5% | 4.4% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.2% | 1.7% | 2.5% |
| Dollars charged off | $785K | $6.8M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 22 | 14 | 0 | — | 2.8% |
| FY2020 | 49 | 46 | 0 | 0.0% | 4.0% |
| FY2019 | 35 | 25 | 2 | 5.7% | 6.7% |
| FY2018 | 34 | 26 | 1 | 2.9% | 7.9% |
| FY2017 | 21 | 15 | 0 | — | 7.7% |
| FY2016 | 36 | 31 | 0 | 0.0% | 7.2% |
| FY2015 | 21 | 17 | 0 | — | 6.9% |
| FY2014 | 17 | 17 | 0 | — | 6.4% |
| FY2013 | 12 | 9 | 3 | — | 6.0% |
| FY2012 | 20 | 16 | 2 | — | 6.3% |
| FY2011 | 20 | 15 | 2 | — | 6.9% |
| FY2010 | 29 | 26 | 1 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $75K | $190K |
| Average approval | $237K | $518K |
| Approvals of $150,000 or less | 70.2% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 38.0% | 34.3% |
| Approvals to franchise businesses | 3.3% | 11.5% |
| Jobs supported per approval, as reported | 11.7 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 3.5% | 6.6% |
States served
| # | State of the business (4 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Vermont | 116 | $23.4M | 95.9% | |
| 2 | New Hampshire | 2 | — | 1.7% | |
| 3 | Colorado | 2 | — | 1.7% | |
| 4 | Illinois | 1 | — | 0.8% |
In Vermont the lender accounts for 14.4% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (12 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Washington County, VT | 39 | $5.1M | 32.2% | |
| 2 | Chittenden County, VT | 26 | $7.4M | 21.5% | |
| 3 | Orleans County, VT | 16 | $1.2M | 13.2% | |
| 4 | Orange County, VT | 13 | $2.4M | 10.7% | |
| 5 | Lamoille County, VT | 9 | $679K | 7.4% | |
| 6 | Franklin County, VT | 6 | $5.9M | 5.0% | |
| 7 | Caledonia County, VT | 5 | $345K | 4.1% | |
| 8 | Jefferson County, CO | 2 | — | 1.7% | |
| 9 | Bennington County, VT | 2 | — | 1.7% | |
| 10 | Merrimack County, NH | 1 | — | 0.8% | |
| 11 | Crawford County, IL | 1 | — | 0.8% | |
| 12 | Grafton County, NH | 1 | — | 0.8% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Manufacturing | 27 | 22.3% | |
| 2 | Retail Trade | 23 | 19.0% | |
| 3 | Accommodation and Food Services | 14 | 11.6% | |
| 4 | Construction | 13 | 10.7% | |
| 5 | Wholesale Trade | 10 | 8.3% | |
| 6 | Professional, Scientific, and Technical Services | 9 | 7.4% | |
| 7 | Transportation and Warehousing | 6 | 5.0% | |
| 8 | Real Estate and Rental and Leasing | 4 | 3.3% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 10 | 8.3% | |
| 2 | Other Food ManufacturingNAICS 3119 | 9 | 7.4% | |
| 3 | Grocery StoresNAICS 4451 | 9 | 7.4% | |
| 4 | Grocery and Related Product Merchant WholesalersNAICS 4244 | 6 | 5.0% | |
| 5 | General Freight TruckingNAICS 4841 | 6 | 5.0% | |
| 6 | Beverage ManufacturingNAICS 3121 | 5 | 4.1% | |
| 7 | Residential Building ConstructionNAICS 2361 | 5 | 4.1% | |
| 8 | Architectural, Engineering, and Related ServicesNAICS 5413 | 3 | 2.5% | |
| 9 | Bakeries and Tortilla ManufacturingNAICS 3118 | 3 | 2.5% | |
| 10 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 3 | 2.5% |
Approval sizes
- $50,000 or less42.1%51
- $50,001 to $150,00028.1%34
- $150,001 to $350,00018.2%22
- $350,001 to $1 million7.4%9
- $1 million to $2 million2.5%3
- Over $2 million1.7%2
Loan terms
- 5 years or less22.3%27
- Over 5 to 10 years70.2%85
- Over 10 to 20 years4.1%5
- Over 20 years3.3%4
Age of the businesses
- Existing, more than 2 years old61.2%74
- New business, 2 years or less20.7%25
- Startup, loan funds will open the business17.4%21
- Change of ownership0.8%1
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 65 | 53.7% | |
| 2 | Preferred Lenders Program | 50 | 41.3% | |
| 3 | Working Capital CAPLine | 4 | 3.3% | |
| 4 | 7a General | 1 | 0.8% | |
| 5 | Export Express | 1 | 0.8% |
Franchise share
4 of 121 approvals in FY2021–FY2025 (3.3%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | 9round | 2 | 1.7% | |
| 2 | Peterbilt Motors Company -Dealer Sales and Service Agreement | 1 | 0.8% | |
| 3 | Ace Hardware | 1 | 0.8% |
Questions and answers
How many SBA loans does Community National Bank make?
SBA approved 28 7(a) loans through Community National Bank in FY2025, worth $11.1M, and 121 over FY2021 to FY2025. That ranks 280th of 2,184 active 7(a) lenders by number of approvals.
How large are Community National Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $75K and the average $237K. The program-wide median was $190K.
What is Community National Bank's charge-off rate?
Of 316 disbursed loans approved in FY2010 to FY2021, SBA records 11 as charged off (3.5%), 257 as paid in full and 48 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Community National Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (10); other food manufacturing (9); grocery stores (9); grocery and related product merchant wholesalers (6).
Where does Community National Bank make SBA loans?
In 4 states and territories. Vermont 116, New Hampshire 2, Colorado 2, Illinois 1. In Vermont it accounts for 14.4% of all 7(a) approvals.
Is Community National Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 81, against 91 in the three before: falling (-11%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error