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Bank · Morrisville, VT

Union Bank: SBA lending profile

SBA 7(a) loans, October 2021 to June 30, 2026 · Updated October 15, 2026 · Lender website
20
SBA loans approved
$1.7M
Total approved
$70,000
Median loan
2
States lent in
40%
To startups
#889
National rank by loans

Union Bank approved 20 SBA loans worth $1.7M between October 2021 and June 2026, ranking #889 of 2,283 SBA lenders nationally by loan count. Its median loan was $70,000, and 40% went to startups or businesses under two years old. It lent in 2 states, most often in Vermont, and its most financed industry was restaurants and hotels.

SBA loans per fiscal year

0102030FY14: 9 loansFY14FY15: 1 loansFY15FY16: 24 loansFY1624FY17: 20 loansFY17FY18: 11 loansFY18FY19: 21 loansFY19FY20: 22 loansFY20FY21: 12 loansFY21FY22: 12 loansFY22FY23: 4 loansFY23FY24: 1 loansFY24FY25: 3 loansFY253
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.

Where Union Bank lends

StateLoansApprovedMedian loanRank in state
Vermont15$1.3M$56,000#15
New Hampshire5$410K$80,000#53

Industries Union Bank finances

IndustryLoansShareMedian loan
Restaurants and hotels6
30%
$100,050
Construction4
20%
$47,500
Manufacturing3
15%
$120,000
Agriculture, forestry and fishing2
10%
$20,750
Professional and technical services2
10%
$70,000
Retail2
10%
$50,000
Transportation and warehousing1
5%
$56,000
Loan size mix
  • Under $150,00080%
  • $150,000 to $500,00020%
  • $500,000 to $2 million0%
  • $2 million and up0%
Loan programs used
  • SBA Express65%
  • Preferred Lender (PLP)35%
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.