South burlington, VT — PPP Loan Data

South burlington, Vermont received 1,004 Paycheck Protection Program loans totaling $144.2M. The average loan in the city was $143,672 — above the national program average of approximately $67,000.

98.0% of loans in South burlington — totaling $144.5M — 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 South burlington were PC CONSTRUCTION COMPANY ($9,739,107), ITECH US INC ($5,422,600), and FARRELL DISTRIBUTING CORPORATION ($4,000,000).

The most active industry sector in South burlington was Offices of Other Health Practitioners with 66 loans worth $2.9M, followed by Offices of Dentists (64 loans).

Applicants in South burlington reported retaining 14,357 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.

South 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.