Burlington, VT — PPP Loan Data

Burlington, Vermont received 1,631 Paycheck Protection Program loans totaling $172.0M. The average loan in the city was $105,449 — above the national program average of approximately $67,000.

98.2% of loans in Burlington — totaling $170.7M — 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 Burlington were COMMUNITY HEALTH CENTERS OF BURLINGTON, INC. ($3,928,200), AMERICAS GARDENING RESOURCE, INC. ($2,883,295), and ONION RIVER COOPERATIVE INC. ($2,669,400).

The most active industry sector in Burlington was Accommodation and Food Services with 158 loans worth $23.8M, followed by Personal Care Services (87 loans).

Applicants in Burlington reported retaining 18,401 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.

Burlington 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.