Rutland, VT — PPP Loan Data

Rutland, Vermont received 687 Paycheck Protection Program loans totaling $61.1M. The average loan in the city was $88,934 — above the national program average of approximately $67,000.

98.1% of loans in Rutland — totaling $61.0M — 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 Rutland were COMMUNITY HEALTH CENTERS OF THE RUTLAND REGION, INC. ($3,718,700), VNA & HOSPICE OF THE SOUTHWEST REGION INC. ($2,307,800), and COUGHLIN INC. ($2,043,500).

The most active industry sector in Rutland was Accommodation and Food Services with 44 loans worth $5.3M, followed by Legal Services (37 loans).

Applicants in Rutland reported retaining 7,485 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.

Rutland 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.