Bennington, VT — PPP Loan Data

Bennington, Vermont received 371 Paycheck Protection Program loans totaling $35.5M. The average loan in the city was $95,711 — above the national program average of approximately $67,000.

97.0% of loans in Bennington — totaling $33.7M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Bennington were BENNINGTON COLLEGE CORPORATION ($5,945,442), UNITED COUNSELING SERVICE OF BENNINGTON COUNTY INC ($2,746,500), and MOUNT ANTHONY HOUSING CORPORATION ($1,866,712).

The most active industry sector in Bennington was Accommodation and Food Services with 33 loans worth $2.0M, followed by Offices of Other Health Practitioners (13 loans).

Applicants in Bennington reported retaining 3,938 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Bennington is part of Vermont, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.