Waterbury, VT — PPP Loan Data

249 loans · $22.6M total · 98.4% forgiven

Total Loans
249
Total Approved
$22.6M
Avg $90,586/loan
Loans Forgiven
245
98.4% forgiveness rate
Amount Forgiven
$20.9M
Jobs Reported
2,130

Waterbury, Vermont received 249 Paycheck Protection Program loans totaling $22.6M. The average loan in the city was $90,586 — above the national program average of approximately $67,000.

98.4% of loans in Waterbury — totaling $20.9M — 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 Waterbury were SOLARCOMMUNITIES, INC. ($2,591,500), SOLARCOMMUNITIES INC. DBA SUNCOMMON ($2,000,000), and DARTMOUTH JOURNAL SERVICES INC ($1,694,163).

The most active industry sector in Waterbury was Accommodation and Food Services with 24 loans worth $4.9M, followed by Offices of Other Health Practitioners (17 loans).

Applicants in Waterbury reported retaining 2,130 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.

Waterbury 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.

Top Industries in Waterbury

IndustryLoansTotal ApprovedForgiveness Rate
Accommodation and Food ServicesNAICS 722524$4.9M95.8%
Offices of Other Health PractitionersNAICS 621317$611,652100.0%
Automotive Repair and MaintenanceNAICS 811110$350,773100.0%
Personal Care ServicesNAICS 81219$64,914100.0%
Residential Building ConstructionNAICS 23618$332,190100.0%
Other Professional, Scientific, and Technical ServicesNAICS 54197$291,982100.0%
Management, Scientific, and Technical Consulting ServicesNAICS 54167$367,113100.0%
Nonresidential Building ConstructionNAICS 23627$557,752100.0%
Building Finishing ContractorsNAICS 23836$74,693100.0%
Other Personal ServicesNAICS 81295$283,687100.0%

Largest Named Recipients in Waterbury

Only loans ≥ $150,000 have publicly disclosed borrower names.

BorrowerIndustryAmountForgiven?
SOLARCOMMUNITIES, INC.Electric Power Generation, Transmission and Distribution$2,591,500Yes
SOLARCOMMUNITIES INC. DBA SUNCOMMONElectric Power Generation, Transmission and Distribution$2,000,000Yes
DARTMOUTH JOURNAL SERVICES INCManufacturing$1,694,163No
HEIRLOOM HOSPITALITY LLCAccommodation and Food Services$1,250,851Yes
HEIRLOOM HOSPITALITYAccommodation and Food Services$893,465Yes
VERMONT ADULT LEARNING INCOther Schools and Instruction$756,675Yes
PIGASUS, LLCAccommodation and Food Services$544,089Yes
PIGASUS, LLCAccommodation and Food Services$396,240Yes
HIMALAYAN CATARACT PROJECT, INC.Offices of Other Health Practitioners$337,092Yes
STS INCManufacturing$327,460Yes
STS INCManufacturing$327,000Yes
NORTHERN RELIABIITY INC.Manufacturing$321,400Yes
NORTHERN RELIABILITY, INCManufacturing$309,900Yes
WYC LLCAccommodation and Food Services$296,621Yes
BLUE STONE INCAccommodation and Food Services$293,000Yes
ALCHEMY CANNING LTDManufacturing$272,000Yes
OAK HILL CORPORATIONTraveler Accommodation$252,350Yes
SIMON OPERATION SERVICES INCManagement, Scientific, and Technical Consulting Services$251,875Yes
PEAK MECHANICAL LLCBuilding Equipment Contractors$250,800Yes
URSA MAJOR NATURAL CARE LLCOther Personal Services$229,250Yes
RADIO VERMONT GROUP INCRadio and Television Broadcasting$222,589Yes
RADIO VERMONT GROUP INCRadio and Television Broadcasting$219,154Yes
DARBY KOLTER NORDLE, LLPLegal Services$213,515Yes
WYC LLCAccommodation and Food Services$211,872Yes
BLUE STONE INCAccommodation and Food Services$209,000Yes

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