SBA loan volumes in Vermont exceed $38 million in August

The volume of US SBA loan guarantees in Vermont topped $38 million for the month of August 2012.

SBA, MONTPELIER, VERMONT DO #0150
August 1, 2012 --August 31, 2012

LOAN VOLUME BY BANK BY NUMBER OF APPROVALS

#
$$

Bank of Bennington
1
52,500

Berkshire Bank
2
80,000

Community National Bank
1
200,000

Connecticut River Bank
2
370,800

Heritage Family Federal Credit Union
3
242,000

Merchants Bank
1
200,000

NBT National Bank
1
333,000

Passumpsic Saving Bank
1
495,000

TOTAL
12
1,973,300

SBA, MONTPELIER, VERMONT DO #0150
October 1, 2011 --August 31, 2012

LOAN VOLUME BY BANK BY NUMBER OF APPROVALS

#
$$

Bank of Bennington
3
87,500

Berkshire Bank
6
850,000
1

375,000

Borrego Springs Bank
1
600,000

CIT Bank
1
842,000

Citizens National Bank
6
275,000
1

87,000

Claremont Savings Bank
1
700,000

Community National Bank
17
3,510,100
3

387,250

Connecticut River Bank
5
733,800

First Colebrook
3
68,000

Heritage Family Credit Union
7
887,000

KeyBank National
4
483,000
1

395,000

Lake Sunapee
5
686,000

Ledyard National Bank
2
395,000

Mascoma Savings
1
125,000
2

3,904,000

Merchants Bank
4
530,000
4

952,000

NBT Bank National
5
523,000

National Bank of Middlebury
8
716,000

New England Federal Credit Union

2

572,500

North Country Federal Credit Union
24
1,260,100

Northfield Savings Bank

1

1,082,500

Opportunities Credit Union
9
584,800

Passumpsic Saving Bank
12
1,191,100

Peoples Trust Co-St Albans
6
277,600

Peoples United Bank
22
2,900,500
1

177,000

TD Bank
11
8,268,600
1

900,000

Union Bank
10
1,677,900
1

833,333

Vermont Federal Credit Union
7
214,000
1

120,000

Vermont State Employees Credit Union
15
1,131,900

Westerly Community Credit Union
1
22,600

Woodsville Guaranty Trust
5
256,600
1

475,000

SUBTOTAL
201
29,797,100

Bay Colony Development Corp.
1
74,000

Granite State Economic Development Corp.
16
5,032,000

Northern Community Investment (NCIC)
1
102,000

Vermont Economic Development (VEDA)
2
3,554,000

TOTAL
221
$38,559,100
20

$10,260,583