FY2026 to date1 Oct 2025 – 30 Jun 2026
SBA loans in Vermont, FY2026
That fiscal year's approvals by lender and by county.
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.
So far in FY2026 (1 October 2025 to 30 Jun 2026) SBA approved 127 loans in Vermont: 118 under 7(a) and 9 under 504, worth $36.5M.
The fiscal year is still open, so these counts will grow with each quarterly release.
Vermont accounted for 0.3% of the 45,283 approvals nationwide that year. 26 lenders had at least one approval in the state; TD Bank, National Association had the most, 30.
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. Data through 30 Jun 2026.
Approvals by lender
The 26 lenders with the most approvals to Vermont businesses in FY2026, of 26 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2025 | Change |
|---|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | 7(a) | 30 | $1.4M | 23.6% | 45 | — |
| 2 | Manufacturers and Traders Trust Company | 7(a) | 28 | $1.7M | 22.0% | 38 | — |
| 3 | Community National Bank | 7(a) | 11 | $1.0M | 8.7% | 26 | — |
| 4 | Granite State Economic Development Corporation | 504 | 9 | $3.2M | 7.1% | 17 | — |
| 5 | EastRise Federal Credit Union | 7(a) | 6 | $668K | 4.7% | 1 | — |
| 6 | Beacon Bank and Trust | 7(a) | 4 | $10.0M | 3.1% | 4 | — |
| 7 | The Huntington National Bank | 7(a) | 4 | $1.7M | 3.1% | 4 | — |
| 8 | Live Oak Banking Company | 7(a) | 4 | $1.6M | 3.1% | 3 | — |
| 9 | Newtek Bank, National Association | 7(a) | 3 | $500K | 2.4% | 3 | — |
| 10 | Heritage Family FCU | 7(a) | 3 | $256K | 2.4% | 10 | — |
| 11 | Northeast Bank | 7(a) | 3 | $250K | 2.4% | 16 | — |
| 12 | Northfield Savings Bank | 7(a) | 2 | — | 1.6% | 2 | — |
| 13 | Ledyard National Bank | 7(a) | 2 | — | 1.6% | 0 | — |
| 14 | KeyBank National Association | 7(a) | 2 | — | 1.6% | 9 | — |
| 15 | Peoples Trust Company of St. Albans | 7(a) | 2 | — | 1.6% | 2 | — |
| 16 | Vermont 504 Corporation | 7(a) | 2 | — | 1.6% | 6 | — |
| 17 | Readycap Lending, LLC | 7(a) | 2 | — | 1.6% | 0 | — |
| 18 | Community Bank, National Association | 7(a) | 2 | — | 1.6% | 1 | — |
| 19 | VelocitySBA, LLC | 7(a) | 1 | — | 0.8% | 0 | — |
| 20 | Truliant FCU | 7(a) | 1 | — | 0.8% | 0 | — |
| 21 | Everwise Credit Union | 7(a) | 1 | — | 0.8% | 0 | — |
| 22 | Quaint Oak Bank | 7(a) | 1 | — | 0.8% | 0 | — |
| 23 | United Midwest Savings Bank National Association | 7(a) | 1 | — | 0.8% | 1 | — |
| 24 | Green Mountain CU | 7(a) | 1 | — | 0.8% | 0 | — |
| 25 | Stearns Bank National Association | 7(a) | 1 | — | 0.8% | 0 | — |
| 26 | Wells River Savings Bank | 7(a) | 1 | — | 0.8% | 0 | — |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2025 | Change |
|---|---|---|---|---|---|---|
| 1 | Chittenden County | 30 | $12.1M | 23.6% | 64 | — |
| 2 | Washington County | 22 | $3.1M | 17.3% | 16 | — |
| 3 | Windham County | 15 | $9.8M | 11.8% | 22 | — |
| 4 | Windsor County | 11 | $3.6M | 8.7% | 19 | — |
| 5 | Orange County | 9 | $2.8M | 7.1% | 12 | — |
| 6 | Rutland County | 7 | $1.4M | 5.5% | 18 | — |
| 7 | Bennington County | 6 | $1.2M | 4.7% | 12 | — |
| 8 | Franklin County | 6 | $691K | 4.7% | 17 | — |
| 9 | Caledonia County | 5 | $295K | 3.9% | 13 | — |
| 10 | Orleans County | 5 | $147K | 3.9% | 7 | — |
| 11 | Lamoille County | 5 | $620K | 3.9% | 15 | — |
| 12 | Addison County | 4 | $701K | 3.1% | 10 | — |
| 13 | Grand Isle County | 2 | — | 1.6% | 3 | — |
FY2026 against FY2025
| Vermont | FY2026 to date | FY2025 |
|---|---|---|
| 7(a) approvals | 118 | 209 |
| 7(a) dollars | $33.3M | $60.1M |
| Median 7(a) approval | $55K | $60K |
| 504 approvals | 9 | 19 |
| 504 dollars | $3.2M | $22.4M |
| Jobs supported, as reported | 705 | 1,563 |
Questions and answers
Which lenders made the most SBA loans in Vermont in FY2026?
TD Bank, National Association (30), Manufacturers and Traders Trust Company (28), Community National Bank (11), Granite State Economic Development Corporation (9), EastRise Federal Credit Union (6). 26 lenders had at least one approval.
How many SBA loans were approved in Vermont in FY2026?
127 to 30 Jun 2026: 118 under 7(a) worth $33.3M and 9 under 504 worth $3.2M.
Which Vermont counties had the most SBA approvals in FY2026?
Chittenden County (30), Washington County (22), Windham County (15), Windsor County (11), Orange County (9).
When does FY2026 start and end?
The federal fiscal year 2026 runs from 1 October 2025 to 30 September 2026. The files used here stop at 30 Jun 2026.
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