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Vermont · Construction
SBA loans for construction in Vermont
440 loans worth $57.0M approved since FY2010 for construction projects located in Vermont.
Loans
440
Approved
$57.0M
Median loan
$50,000
-50% vs sector nationally
Median rate
6.75%
Jobs supported
2,232
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to construction in Vermont
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Manufacturers and Traders Trust Company | 69 | $8.2M | |
| TD Bank | 68 | $5.9M | |
| Community National Bank | 39 | $4.8M | |
| First Bank of the Lake | 2 | $4.6M | |
| Ledyard National Bank | 1 | $4.1M | |
| Union Bank | 26 | $2.8M | |
| Beacon Bank and Trust | 47 | $2.8M | |
| Northfield Savings Bank | 2 | $2.1M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for construction in Vermont since FY2010 was $50,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Vermont
3,757 loans across every sector.
Construction nationally
115,753 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to construction businesses in Vermont?
- 440 SBA loans totalling $57,015,800 have been approved for construction projects in Vermont since FY2010.
- Which lenders finance construction in Vermont?
- The most active by dollars approved are Manufacturers and Traders Trust Company, TD Bank, Community National Bank, First Bank of the Lake. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for construction in Vermont?
- The median approval is $50,000, 50% below the national median for this sector ($100,000).
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