Business

Restaurants, law offices are state’s top Paycheck Protection recipients

By Guy Page

Which Vermont industries received the most assistance from the SBA Paycheck Protection loan program?

According to the SBA statistics, full service restaurants are #1. Here are the top 10 Vermont recipients:

Company NameCityStateZIPPPP LoanJobsIndustry
Thunderbird LLCSOUTH BURLINGTONVT5403$2,774,255374Full-Service Restaurants
The Skinny Pancake IncBURLINGTONVT5401$1,658,626130Full-Service Restaurants
Heirloom Hospitality LLCWATERBURYVT5676$1,250,85160Full-Service Restaurants
The Skinny Pancake IncBURLINGTONVT5401$1,184,732150Full-Service Restaurants
Tygate Motel CorporationSOUTH BURLINGTONVT5403$1,132,500150Full-Service Restaurants
Reel Hospitality LLCBURLINGTONVT5401$1,035,975159Full-Service Restaurants
Heirloom HospitalityWATERBURYVT5676$893,465160Full-Service Restaurants
Catamount Hospitality, LLCBURLINGTONVT5401$876,80071Full-Service Restaurants
Townsend Vermont HoldingsGRAFTONVT5146$751,750109Full-Service Restaurants
Reel Hospitality LLCBURLINGTONVT5401$730,000103Full-Service Restaurants

Law offices are second. The top 10 recipients in Vermont include:

Top 10 Law Offices

Company NameCityStateZIPPPP LoanJobsIndustry
Downs Rachlin Martin PLLCSAINT JOHNSBURYVT5819$2,840,630121Offices of Lawyers
Primmer Piper Eggleston And Cramer PCBURLINGTONVT5401$1,427,48584Offices of Lawyers
Vermont Legal Aid IncBURLINGTONVT5401$1,254,51071Offices of Lawyers
Paul Frank + Collins PCBURLINGTONVT5401$970,57852Offices of Lawyers
Dinse PCBURLINGTONVT5401$956,00056Offices of Lawyers
Gravel & Shea PCBURLINGTONVT5402$901,97046Offices of Lawyers
Ryan Smith & Carbine, LTDRUTLANDVT5702$656,59231Offices of Lawyers
Sheehey Furlong & Behm, PCBURLINGTONVT5401$630,50036Offices of Lawyers
Langrock Sperry & Wool, LLPMIDDLEBURYVT5753$439,50031Offices of Lawyers
Dunkiel Saunders Elliott Raubvogel & Hand, PLLCBURLINGTONVT5401$357,24022Offices of Lawyers

The other top 5 recipients were farms, beauty salons, and auto repair shops. 

Curious about newspapers receiving federal loan funds? Here are the top 10 in Vermont. Da Capo is the business name for Seven Days, the prominent weekly newspaper. Other papers represented include the Rutland Herald, the Caledonian-Record, the Stowe Reporter and its sister papers, the St. Albans Messenger, the Vermont Standard in Woodstock, and the Chronicle (in Barton). 

DA Capo Publishing IncBURLINGTONVT5401$443,54841Newspaper Publishers
DA Capo PublishingBURLINGTONVT5401$443,54745Newspaper Publishers
Brunwick Publishing, LLCRUTLANDVT5701$422,37045Newspaper Publishers
Caledonian Record Publishing Company IncSAINT JOHNSBURYVT5819$369,30024Newspaper Publishers
Vermont Community Newspaper Group LLCSTOWEVT5672$281,56219Newspaper Publishers
O’rourke Media Group LLCSAINT ALBANSVT5478$260,00047Newspaper Publishers
Addison Press IncMIDDLEBURYVT5753$240,35026Newspaper Publishers
The Vermont Standard IncWOODSTOCKVT5091$112,08512Newspaper Publishers
The Chronicle IncBARTONVT5822$76,70019Newspaper Publishers
Outer Limits Publishing LLCKILLINGTONVT5751$72,5956Newspaper Publishers

For more information, see the Small Business Association Paycheck Protection loan program page. 

Categories: Business

2 replies »

  1. Lawyers ? Really ? They would be the last “business” I’d be worried about. After all, long after humans have vanished, rats, cockroaches, coyotes and lawyers, will be squabbling over the spoils.

  2. I can’t believe they are getting the money.. is it possible that there’s some kick backs with all these businesses????

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