AUTOMASTER MOTOR COMPANY INC (VT) - 2020 PPP Loan Borrower Profile (# 2508068607)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTOMASTER MOTOR COMPANY 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

2508068607

SBA Office Code

0150

Processing Method

PPS

Curent Loan Amount

$1,425,000

Date Loan was Approved

Mar 15, 2021

Amount Forgiven

$1,430,270.55

Date Loan was Forgiven

Aug 2, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,424,994

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

441110

Borrower Location

Shelburne, VT

Project Location

Shelburne, VT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

124

Business Age Description

Existing or more than 2 years old

Data Source: SBA.