The Vermont office of the US Small Business Administration has issued lending results for the period ending January 31, 2011. Total loan volume was $32,837,900. People's United issued the most SBA guaranteed loans at 31 loans and had the greatest total value at $8,142,400. Community National Bank was second with 17 loans valued at $4,592,300.
SBA, MONTPELIER, VERMONT DO #0150
January 1, 2011 --January 31, 2011
LOAN VOLUME BY BANK BY NUMBER OF APPROVALS
#
$$
Community National Bank
3
825,000
Greenfield Savings Bank
2
120,000
Heritage Family Federal Credit Union
2
124,000
KeyBank National
2
100,000
National Bank of Middlebury
1
200,000
Passumpsic Saving Bank
2
47,000
Peoples United Bank
4
272,000
Union Bank
1
90,000
Vermont Federal Credit Union
2
177,800
Woodsville Guaranty Savings Bank
1
75,000
TOTAL
20
2,030,800
SBA, MONTPELIER, VERMONT DO #0150
October 1, 2010 --January 31, 2011
LOAN VOLUME BY BANK BY NUMBER OF APPROVALS
Bank of Bennington
3
160,000
Bank of LasVegas
1
1,200,000
Berkshire Bank
1
150,500
1
625,000
Brattleboro Savings & Loan
1
50,000
CIT Bank
2
802,748
Community National Bank
17
4,592,300
Connecticut River Bank National
2
340,000
First Colebrook Bank
1
75,000
Greenfield Savings Bank
2
120,000
Heritage Family Federal Credit Union
4
270,000
Hoosac Bank
1
40,000
KeyBank National
5
477,000
Lake Sunapee Bank
7
4,098,000
1
275,000
Live Oak Banking
2
1,400,000
Merchants Bank
3
211,400
1
361,111
National Bank of Middlebury
8
642,500
Northfield Savings Bank
1
465,000
Passumpsic Saving Bank
10
545,100
Peoples Trust Co-St Albans
3
182,500
Peoples United Bank
31
8,142,400
Randolph National Bank
2
320,000
TD Bank
5
1,680,100
U S Bank National Association
2
939,300
Union Bank
3
539,200
Vermont Federal Credit Union
11
1,773,700
Vermont State Employees Credit Unio
4
1,222,900
1
625,000
Woodsville Guaranty Savings Bank
4
1,309,000
SUBTOTAL
133
30,480,900
Granite State Economic Development
5
1,539,000
Vermont 504 Corp. (VEDA)
2
818,000
TOTAL
140
$32,837,900
7
$3,153,859