SBA Loans for Electrical Contractors in Vermont: Top Lenders
NAICS 238NAICS 238 covers electrical contractors businesses in Vermont. Based on historical SBA 7(a) lending data.
Total Approvals
11
in Vermont
Median Loan Size
$40,000
per approval
Recent Activity
0
last 90 days through May 2025
NAICS 238 covers electrical contractors businesses. This is a smaller category in SBA 7(a) lending with 11 approvals on record and a median loan size of $40,000.
Key trends & insights
- Electrical Contractors in Vermont lending is concentrated — Keybank, National Association, North Country Federal Credit Union, Union Bank together account for 64% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Keybank, National Association leads this industry with 4 approvals (36% market share) and a median loan of $22,500.
- Electrical Contractors in Vermont loans skew smaller than the SBA average at $40,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Electrical Contractors in Vermont
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $22,500 | |
| 2 | 2 | $61,450 | |
| 3 | 1 | $20,000 | |
| 4 | 1 | $50,000 | |
| 5 | 1 | $1,695,700 | |
| 6 | 1 | $20,000 | |
| 7 | 1 | $75,000 |
Recent SBA 7(a) approvals for Electrical Contractors in Vermont
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-05 | Community National Bank | G.M*****nc. | EAST CALAIS, VT | $50,000 |
| 2025-04 | Manufacturers and Traders Trust Company | J. *****nc. | MIDDLEBURY, VT | $25,000 |
| 2024-08 | Northfield Savings Bank | MPH*****LLC | Mount Holly, VT | $1,695,700 |
| 2024-08 | KeyBank National Association | D J*****LLC | Brandon, VT | $20,000 |
| 2024-08 | KeyBank National Association | D J*****LLC | Brandon, VT | $10,000 |
| 2024-02 | KeyBank National Association | Red*****Inc | Bristol, VT | $25,000 |
| 2022-08 | Union Bank | Hut*****LLC | MORRISVILLE, VT | $20,000 |
| 2020-10 | North Country Federal Credit Union | Sha*****bra | Enosburg Falls, VT | $40,000 |
| 2020-08 | KeyBank National Association | Sta*****nc. | Williston, VT | $250,000 |
| 2020-06 | Savings Bank of Walpole | DeC*****LLC | PUTNEY, VT | $75,000 |
| 2020-06 | North Country Federal Credit Union | Mat*****ggs | East Barre, VT | $82,900 |
| 2020-01 | Bar Harbor Bank & Trust | Lel*****LLC | BRADFORD, VT | $20,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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