ALPHA ELECTRIC INC (VT) - 2020 PPP Loan Borrower Profile (# 9020157002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALPHA ELECTRIC INC. 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

9020157002

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$177,726.99

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$180,069.09

Date Loan was Forgiven

Aug 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

177,726.99

Lender

Community Bank, National Association

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

SOUTH BURLINGTON, VT

Project Location

SOUTH BURLINGTON, VT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.