B M MOREAU TRUCKING (VT) - 2020 PPP Loan Borrower Profile (# 3002337203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to B M MOREAU TRUCKING. 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

3002337203

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$20,510

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$20,595.97

Date Loan was Forgiven

Nov 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

17,961

Health Care Proceed

1,290

Debt Interest Proceed

259

Lender

Passumpsic Savings Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

484220

Borrower Location

NEWPORT, VT

Project Location

NEWPORT, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.