--- title: SBA 504 Lenders in Vermont: 21 Made Loans in 3 Years url: https://lender.report/sba-504-lenders/vermont/ license: https://lender.report/license/ --- SBA 504 ยท VT # SBA 504 lenders in Vermont 21 lenders provided the first lien on at least one SBA 504 project in Vermont in the 36 months ending September 30, 2026. Community National Bank made the most, with 20 of the 45 on record. **Evidence** Lender provided the first lien on at least one SBA 504 project in Vermont in the 36 months ending September 30, 2026 **Data as of** SBA, September 30, 2026 **Page last changed** November 11, 2026 **Lenders on record** 21 SBA FOIA, Sep 30, 2026 **First liens, 36 months** 45 SBA FOIA, Sep 30, 2026 Approvals, net of cancelled **Dollars, 36 months** $79.5M SBA FOIA, Sep 30, 2026 **Approvals, last 12 months (funded or not)** 12 SBA FOIA, Sep 30, 2026 18 in the prior 12 months Cite this Source: The Lender Report, SBA 504 lenders in Vermont, https://lender.report/sba-504-lenders/vermont/, data as of September 30, 2026. ## Describe a deal in Vermont See which of these lenders made loans like yours, at your size and in your place. No account and no form. [Show SBA 504 loans in Vermont](https://lender.report/comps/?lane=sba_504&state=VT)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | First liens | Dollars | | --- | --- | --- | --- | --- | | [Community National Bank](https://lender.report/lender/community-national-bank-vt/) [SBA 504 record](https://lender.report/lender/community-national-bank-vt/sba-504/) | Bank | Derby, VT | 20 | $11.5M | | [Eastrise Credit Union](https://lender.report/lender/eastrise-credit-union-vt/) | Credit union | Williston, VT | 2 | $28.0M | | [Northfield Savings Bank](https://lender.report/lender/northfield-savings-bank-vt/) | Savings | Northfield, VT | 2 | $3.70M | | [Ledyard National Bank](https://lender.report/lender/ledyard-national-bank-vt/) [SBA 504 record](https://lender.report/lender/ledyard-national-bank-vt/sba-504/) | Bank | Norwich, VT | 2 | $3.10M | | [Claremont Savings Bank](https://lender.report/lender/claremont-savings-bank-nh/) | Savings | Claremont, NH | 2 | $1.30M | | [Savings Bank of Walpole](https://lender.report/lender/savings-bank-of-walpole-nh/) [SBA 504 record](https://lender.report/lender/savings-bank-of-walpole-nh/sba-504/) | Savings | Walpole, NH | 2 | $150K | | [Union Bank](https://lender.report/lender/union-bank-vt/) [SBA 504 record](https://lender.report/lender/union-bank-vt/sba-504/) | Bank | Morrisville, VT | 1 | $10.0M | | [Celtic Bank](https://lender.report/lender/celtic-bank-ut/) [SBA 504 record](https://lender.report/lender/celtic-bank-ut/sba-504/) | Bank | Salt Lake City, UT | 1 | $6.00M | | [Centreville Bank](https://lender.report/lender/centreville-bank-ri/) [SBA 504 record](https://lender.report/lender/centreville-bank-ri/sba-504/) | Savings | West Warwick, RI | 1 | $4.40M | | [T Bank, National Association](https://lender.report/lender/t-bank-tx/) [SBA 504 record](https://lender.report/lender/t-bank-tx/sba-504/) | Bank | Dallas, TX | 1 | $3.00M | | [Bank Five Nine](https://lender.report/lender/bank-five-nine-wi/) [SBA 504 record](https://lender.report/lender/bank-five-nine-wi/sba-504/) | Bank | Oconomowoc, WI | 1 | $1.80M | | [Beacon Bank and Trust](https://lender.report/lender/beacon-bank-and-trust-ma/) [SBA 504 record](https://lender.report/lender/beacon-bank-and-trust-ma/sba-504/) | Bank | Boston, MA | 1 | $1.30M | | [Merrimack County Savings Bank](https://lender.report/lender/merrimack-county-savings-bank-nh/) | Savings | Concord, NH | 1 | $1.00M | | [North Country Credit Union](https://lender.report/lender/north-country-credit-union-vt/) | Credit union | Burlington, VT | 1 | $680K | | [Passumpsic Savings Bank](https://lender.report/lender/passumpsic-savings-bank-vt/) | Savings | Saint Johnsbury, VT | 1 | $600K | | [The Brattleboro Savings and Loan Association](https://lender.report/lender/brattleboro-savings-and-loan-association-vt/) | Bank | Brattleboro, VT | 1 | $590K | | [Bar Harbor Bank & Trust](https://lender.report/lender/bar-harbor-bank-and-trust-me/) [SBA 504 record](https://lender.report/lender/bar-harbor-bank-and-trust-me/sba-504/) | Bank | Bar Harbor, ME | 1 | $500K | | [Vermont Credit Union](https://lender.report/lender/vermont-credit-union-vt/) | Credit union | So Burlington, VT | 1 | $420K | | [Mascoma Bank](https://lender.report/lender/mascoma-bank-nh/) | Bank | Lebanon, NH | 1 | $360K | | [Peoples Trust Company of St. Albans](https://lender.report/lender/peoples-trust-company-of-st-albans-vt/) | Bank | Saint Albans, VT | 1 | $300K | | [Manufacturers and Traders Trust Company](https://lender.report/lender/manufacturers-and-traders-trust-ny/) [SBA 504 record](https://lender.report/lender/manufacturers-and-traders-trust-ny/sba-504/) | Bank | Buffalo, NY | 1 | $200K | SBA FOIA, Sep 30, 2026 Dollars are first-lien amounts on SBA 504 approvals. - Lenders recorded 45 SBA 504 first liens totaling $79.5M in Vermont in the 36 months ending September 30, 2026. SBA FOIA, Sep 30, 2026 - Banks and savings institutions made 41 of those, credit unions 4, and non-banks 0. SBA FOIA, Sep 30, 2026 - The five most active lenders made 62.2% of Vermont's SBA 504 first liens. SBA FOIA, Sep 30, 2026 - Eastrise Credit Union recorded the most dollars in Vermont, at $28M. SBA FOIA, Sep 30, 2026 - 10 of these lenders are based in Vermont. SBA FOIA, Sep 30, 2026 - 1 lender recorded 10 or more SBA 504 first liens in Vermont. SBA FOIA, Sep 30, 2026 - The SBA file shows 12 SBA 504 approvals in Vermont dated in the 12 months to September 30, 2026, versus 18 in the prior 12 months. Both counts leave out cancelled approvals and include approvals not yet funded, so the two periods are measured the same way. SBA FOIA, Sep 30, 2026 - The typical SBA 504 first lien in Vermont was about $500K, with the middle half between $240K and $1.3M. SBA FOIA, Sep 30, 2026 - The median term in Vermont was 25 years. SBA FOIA, Sep 30, 2026 ## How this list is defined **Measure** SBA 504 first liens in Vermont **Period** October 2023 to September 2026 **Formula** Count, by lender, of SBA 504 projects located in Vermont with an approval date in the 36 months ending September 30, 2026, not cancelled, that name the lender as first-lien lender. **Order** Largest first by first liens in the 36 months, then dollars, then name. Payment is not part of the order. **As of** September 30, 2026 **Source** [SBA FOIA](https://data.sba.gov/dataset/7a-504-foia) **Data** [JSON version of this list](https://lender.report/rankings/sba-504-lenders-by-state.json) **Changelog** November 12, 2026: First published, with the data built on this date. Is your institution on this list? [Show your rank](https://lender.report/for-lenders/badge/). It carries the date and links back to this page. An SBA 504 project pairs a first-lien lender with a Certified Development Company that funds a second lien, for owner-occupied real estate and equipment. SBA 504 figures count the first-lien lender on each SBA approval. A project marked not funded is often recent and awaiting funding. Each lender is counted only where the public file places the loan. Lenders that merged or stopped filing are left out. SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site. Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. [Report a problem](https://lender.report/report/) Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.