Top SBA lenders in Vermont

36 lenders approved 176 SBA 7(a) loans worth $56.3M for Vermont businesses in FY2025. Community National Bank leads with 16.9%.

Vermont league table, FY2025 ranked by dollars approved · by project location

#	Lender	HQ state	Approved	Loans	Avg loan	Share
1	Community National Bank	VT	$9.5M	25	$381K	16.9%
2	Beacon Bank and Trust	MA	$6.1M	4	$1.5M	10.9%
3	Newtek Bank, National Association	FL	$5.4M	2	$2.7M	9.6%
4	First Bank of the Lake	MO	$4.6M	2	$2.3M	8.1%
5	Bank Five Nine	WI	$3.5M	1	$3.5M	6.3%
6	NATIONAL COOPERATIVE BANK, N.A.	OH	$3.1M	1	$3.1M	5.6%
7	Citizens Bank, National Association	RI	$3.0M	2	$1.5M	5.3%
8	TD Bank, National Association	DE	$2.7M	37	$72K	4.7%
9	Manufacturers and Traders Trust Company	NY	$2.6M	36	$72K	4.6%
10	Northfield Savings Bank	VT	$2.2M	1	$2.2M	3.9%
11	United Midwest Savings Bank, National Association	OH	$2.0M	1	$2.0M	3.5%
12	The Huntington National Bank	OH	$1.9M	4	$486K	3.5%
13	First Financial Bank	OH	$1.4M	1	$1.4M	2.5%
14	KeyBank National Association	OH	$1.3M	8	$167K	2.4%
15	Mission Valley Bank	CA	$1.1M	1	$1.1M	2.0%
16	Vermont 504 Corporation not in CharterBench	VT	$805K	4	$201K	1.4%
17	Heritage Family Federal Credit Union	VT	$725K	9	$81K	1.3%
18	BayFirst National Bank	FL	$629K	6	$105K	1.1%
19	Live Oak Banking Company	NC	$600K	3	$200K	1.1%
20	Citizens Bank	TN	$443K	1	$443K	0.8%
21	Celtic Bank	UT	$396K	3	$132K	0.7%
22	Bar Harbor Bank & Trust	ME	$348K	4	$87K	0.6%
23	City National Bank of Florida	FL	$325K	1	$325K	0.6%
24	NBT Bank, National Association	NY	$316K	1	$316K	0.6%
25	OptimumBank	FL	$218K	1	$218K	0.4%

Showing the top 25 of 36 lenders active in Vermont.

Pro shows every lender, plus each one’s seven-year SBA history, industries and pricing.

Line	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026 to date
Approved	$23.6M	$41.1M	$33.9M	$31.2M	$33.5M	$56.3M	$27.2M
Loans	155	139	118	146	146	176	104
Active lenders	31	31	28	32	29	36	24

Working Vermont?

4 of the lenders shown are headquartered in Vermont. See who holds the deposits in Vermont, or screen the state’s banks and credit unions by ratio.