SBA Loans for Boat Dealers in Vermont: Top Lenders

NAICS 441

NAICS 441 covers boat dealers businesses in Vermont. Based on historical SBA 7(a) lending data.

Total Approvals

4

in Vermont

Median Loan Size

$45,000

per approval

Recent Activity

0

last 90 days through Mar 2023

NAICS 441 covers boat dealers businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $45,000.

Key trends & insights

  • Boat Dealers in Vermont lending is concentrated — Community National Bank, Newtek Small Business Finance, INC., Heritage Family FCU together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Community National Bank leads this industry with 1 approvals (25% market share) and a median loan of $50,000.
  • Boat Dealers in Vermont loans skew smaller than the SBA average at $45,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2023-03-22 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Boat Dealers in Vermont

#LenderApprovalsMedian Size
11$50,000
21$350,000
31$25,000
41$40,000

Recent SBA 7(a) approvals for Boat Dealers in Vermont

MonthLenderBorrowerAmount
2023-03Peoples Trust Company of St. AlbansTru*****LLC$40,000
2022-08Heritage Family FCUBur*****LLC$25,000
2022-05Newtek Small Business Finance, Inc.ROY*****LLC$350,000
2020-08Community National BankEAS*****ANY$50,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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