ADVANCED WELDING INSTITUTE, LLC (VT) - 2020 PPP Loan Borrower Profile (# 9035607009)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADVANCED WELDING INSTITUTE, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Vermont.
Loan Detail
Loan Number
9035607009
SBA Office Code
0150
Processing Method
PPP
Curent Loan Amount
$119,500
Date Loan was Approved
Apr 9, 2020
Amount Forgiven
$120,485.88
Date Loan was Forgiven
Feb 11, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
119,500
Lender
Peoples State Bank
Business Detail
Business Type
Non-Profit Organization
NAICS
611210
Borrower Location
SOUTH BURLINGTON, VT
Project Location
SOUTH BURLINGTON, VT
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
12
Business Age Description
Existing or more than 2 years old
Data Source: SBA.