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PPP Loans in Vermont

21,697 loans worth $1.76B went to businesses and nonprofits in Vermont, supporting 198,486 reported jobs.

Loans
21,697
Total approved
$1.76B
Average $81,232
Jobs reported
198,486
Forgiven
$1.75B
99% of approved

PPP loans by county in Vermont

By borrower ZIP code, largest first

Swipe the table sideways to see more columns.

#CountyLoansAmountJobs reported
1Chittenden County6,093$660M69,268
2Windsor County1,899$136M15,767
3Washington County1,894$127M13,677
4Windham County1,452$121M14,018
5Rutland County1,658$116M14,668
6Orange County1,547$112M13,413
7Lamoille County1,144$95.36M10,701
8Bennington County1,195$87.84M10,336
9Addison County1,210$75.76M8,841
10Franklin County1,227$73.79M9,132
11Caledonia County854$61.72M6,750
12Orleans County966$60.24M7,295
13Grand Isle County202$7.02M1,009
14Essex County113$3.6M564

Loans by industry

Share of total loan dollars

  • Health care and social assistance2,104 loans13.1%
  • Construction2,848 loans12.9%
  • Manufacturing1,299 loans12.4%
  • Accommodation and food services2,034 loans12.2%
  • Retail trade2,030 loans10.3%
  • Professional and technical services2,676 loans10.2%
  • Other services2,421 loans4.7%
  • Educational services495 loans4.2%
  • Wholesale trade463 loans3.7%
  • Arts, entertainment and recreation813 loans2.6%

Loans by size

Share of the number of loans

  • Under $20K9,36943.2%
  • $20K to $50K5,95327.4%
  • $50K to $150K4,10818.9%
  • $150K to $350K1,3456.2%
  • $350K to $1M6833.1%
  • $1M to $2M1550.7%
  • $2M or more840.4%

Top lenders

By loan dollars

  1. 1Manufacturers and Traders Trust Company2,752$343M
  2. 2TD Bank, National Association1,355$193M
  3. 3Community National Bank1,783$150M
  4. 4Northfield Savings Bank1,698$140M
  5. 5Community Bank, National Association799$108M
  6. 6Union Bank970$83.85M
  7. 7Mascoma Bank1,052$81.96M
  8. 8KeyBank National Association462$61.59M
  9. 9Citizens Bank, National Association864$47.86M
  10. 10The Bank of Bennington566$40.95M

Cities with the most PPP money in Vermont

By ZIP codes assigned to each city

Swipe the table sideways to see more columns.

#CityLoansAmount
1Burlington1,435$160M
2South Burlington1,178$153M
3St. Albans481$38.97M
4Middlebury422$35.33M
5Winooski202$30.72M
6Shelburne388$30.22M
7Newport266$22.79M
8Manchester68$8.63M
9Killington Village138$7.81M
10Ludlow116$5.65M
11South Londonderry59$5.41M
12North Springfield34$5.35M
13Chimney Hill102$4.63M
14Quechee80$4.4M
15Dorset78$4.37M
16New Haven60$4.31M
17Wilder33$2.6M
18North Hartland12$2.29M
19Ascutney19$1.54M
20Chelsea46$1.49M
21Westford36$1.03M
22South Barre11$997K
23Websterville3$687K
24Graniteville16$660K
25Proctor16$497K
26Beecher Falls2$46.2K

Largest PPP loans in Vermont

Top 25 by approved amount

BorrowerLocationLoanJobsForgivenApproved
PC Construction CompanyConstructionSouth Burlington, VT05403$9.74M403$9.85MForgiven on 06/11/202104/11/2020
Brattleboro RetreatHealth care and social assistanceBrattleboro, VT05301$7.8M469$7.84MForgiven on 09/16/202104/17/2021
Gw Plastics INCManufacturingBethel, VT05032$5.97M500$6.04MForgiven on 06/11/202104/05/2020
Bennington College CorporationEducational servicesBennington, VT05201$5.95M370$6.02MForgiven on 08/10/202104/12/2020
Momentum Manfacturing Group LLCManufacturingSaint Johnsbury, VT05819$5.59M500$5.65MForgiven on 07/07/202104/05/2020
Itech US INCProfessional and technical servicesSouth Burlington, VT05403$5.42M260$5.48MForgiven on 06/11/202104/08/2020
Vermont Energy Investment CorporationProfessional and technical servicesWinooski, VT05404$5.39M302-04/05/2020
Copley Hospital, INC.Health care and social assistanceMorrisville, VT05661$5.04M461$5.1MForgiven on 08/12/202104/27/2020
World Learning INC.Educational servicesBrattleboro, VT05302$4.88M366$4.93MForgiven on 06/15/202104/11/2020
Peerless Clothing International INCManufacturingSaint Albans, VT05478$4.81M487$4.87MForgiven on 08/04/202104/28/2020
Bowl New England, INC.Arts, entertainment and recreationColchester, VT05446$4.24M500$4.29MForgiven on 06/28/202104/27/2020
Farrell Distributing CorporationWholesale tradeSouth Burlington, VT05403$4M326$4.05MForgiven on 06/11/202104/14/2020
Northeast Kingdom Human ServicesHealth care and social assistanceNewport, VT05855$3.99M465$4.03MForgiven on 06/11/202104/27/2020
Community Health Centers of Burlington, INC.Health care and social assistanceBurlington, VT05401$3.93M301$3.98MForgiven on 08/31/202104/11/2020
Community Health Centers of the Rutland Region, INC.Health care and social assistanceRutland, VT05701$3.72M356$3.77MForgiven on 10/04/202104/05/2020
Heritage Automotive Group INCRetail tradeSouth Burlington, VT05403$3.66M361$3.71MForgiven on 06/22/202104/12/2020
Northern Counties Health CareHealth care and social assistanceSaint Johnsbury, VT05819$3.53M280$3.57MForgiven on 07/06/202104/06/2020
Autumn Harp INCManufacturingEssex Junction, VT05452$3.51M267$3.56MForgiven on 06/09/202104/09/2020
Cabot Hosiery Mills, INCManufacturingNorthfield, VT05663$3.39M324$3.43MForgiven on 06/10/202104/05/2020
S.D. Ireland Concrete Construction CorporationConstructionWilliston, VT05495$3.34M200$3.38MForgiven on 06/24/202104/14/2020
Simon Pearce, INCManufacturingWindsor, VT05089$3.27M250$3.3MForgiven on 06/09/202104/14/2020
Smugglers Notch Management Co. Ltd.Accommodation and food servicesJeffersonville, VT05464$3.1M494$3.14MForgiven on 08/02/202104/04/2020
Eustis Cable Enterprises LtdConstructionBrookfield, VT05036$3.05M225$3.08MForgiven on 06/24/202105/07/2020
Woodstock Resort CorporationAccommodation and food servicesWoodstock, VT05091$3M389$3.04MForgiven on 08/30/202104/09/2020
Trustees of the St. Johnsbury AcademyEducational servicesSaint Johnsbury, VT05819$3M252$3.03MForgiven on 06/09/202104/06/2020

Names of sole proprietors, self-employed individuals and independent contractors are not shown. Street addresses are not shown for any borrower.

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Frequently asked questions

How many PPP loans were made in Vermont?
Lenders approved 21,697 PPP loans worth $1,762,489,686 for borrowers in Vermont, an average of $81,232 per loan.
What was the largest PPP loan in Vermont?
The largest was $9,739,107 to PC Construction Company in SOUTH BURLINGTON, which reported 403 jobs.
Which county in Vermont got the most PPP money?
Chittenden County received the most, $660M across 6,093 loans.