SBA 7(a) lenders in Rutland, VT

Approvals in SBA fiscal years 2008–2026. Source data as of 2026-06-30.

Lenders

34 institutions have SBA 7(a) loans on record in Rutland, together $58.1M across 344 loans. Heritage Family FCU is the largest, with 13% of approvals.

Showing

Yearsto

Rank	Lender	Loans	Approved	Share	Loss rate
1	Heritage Family FCU	80	$7.8M	13.4%	1.50%
2	Bar Harbor Bank & Trust	33	$6.5M	11.2%	0.71%
3	Beacon Bank and Trust	72	$5.5M	9.5%	3.67%
4	Live Oak Banking Company	2	$5.5M	9.5%	0.00%
5	Byline Bank	1	$4.6M	8.0%	0.00%
6	BankUnited, National Association	2	$4.3M	7.5%	0.00%
7	TD Bank, National Association	32	$4.1M	7.1%	28.51%
8	Manufacturers and Traders Trust Company	21	$3.6M	6.3%	1.61%
9	Hanmi Bank	2	$2.5M	4.3%	0.00%
10	United Midwest Savings Bank National Association	1	$2.0M	3.4%	0.00%
11	Northfield Savings Bank	1	$1.7M	2.9%	0.00%
12	Lender 2057189	4	$850K	1.5%	8.45%
13	The Bank of Bennington	14	$826K	1.4%	14.76%
14	Citizens Bank, National Association	15	$817K	1.4%	21.71%
15	KeyBank National Association	7	$790K	1.4%	0.00%
16	PNC Bank, National Association	1	$712K	1.2%	0.00%
17	EastRise Federal Credit Union	13	$712K	1.2%	0.00%
18	National Bank of Middlebury	13	$695K	1.2%	23.88%
19	The Huntington National Bank	2	$596K	1.0%	0.00%
20	Firstrust Savings Bank	1	$528K	0.9%	0.00%
21	Community Bank, National Association	3	$469K	0.8%	0.00%
22	SBA CLSC Servicing	4	$389K	0.7%	0.00%
23	Vermont 504 Corporation	2	$363K	0.6%	0.00%
24	Bank of America, National Association	1	$357K	0.6%	0.00%
25	Vermont FCU	2	$293K	0.5%	0.00%
26	NBT Bank, National Association	1	$280K	0.5%	0.00%
27	Green Mountain CU	4	$243K	0.4%	0.00%
28	BayFirst National Bank	2	$230K	0.4%	0.00%
29	JPMorgan Chase Bank, National Association	1	$225K	0.4%	0.00%
30	Union Bank	1	$171K	0.3%	0.00%
31	Vermont Community Loan Fund, Inc.	2	$135K	0.2%	0.00%
32	Northeast Bank	2	$89K	0.2%	0.00%
33	Independence Bank	1	$75K	0.1%	0.00%
34	Capital One National Association	1	$35K	0.1%	0.00%

Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.

What the money went into

Rank	Industry	Loans	Approved	Share of county
1	Accommodation & food services	51	$13.6M	23.3%
2	Retail trade	28	$7.9M	13.6%
3	Construction	52	$6.7M	11.4%
4	Wholesale trade	9	$5.7M	9.8%
5	Other services	34	$4.7M	8.1%
6	Professional & technical services	19	$3.1M	5.3%
7	Health care & social assistance	27	$3.0M	5.1%
8	Manufacturing	4	$2.6M	4.5%
9	Retail trade	22	$2.4M	4.1%
10	Real estate & leasing	10	$2.3M	4.0%
11	Administrative & waste services	25	$1.4M	2.5%
12	Arts, entertainment & recreation	8	$1.1M	1.9%
13	Manufacturing	12	$917K	1.6%
14	Agriculture, forestry & fishing	10	$617K	1.1%
15	Transportation & warehousing	15	$610K	1.0%
16	Educational services	9	$479K	0.8%
17	Utilities	2	$450K	0.8%
18	Mining & extraction	2	$236K	0.4%
19	Manufacturing	3	$225K	0.4%
20	Information	1	$100K	0.2%
21	Finance & insurance	1	$25K	0.0%

Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.

About this data

Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.