BERLIN AUTOMOTIVE S1, LLC (VT) - 2020 PPP Loan Borrower Profile (# 1969057105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BERLIN AUTOMOTIVE S1, 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

1969057105

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$522,962

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$528,215.15

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,400

Payroll Proced

429,186

Mortgage Interest Proceed

Rent Proceed

50,924

Refinance EIDL Proceed

Health Care Proceed

36,452

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441110

Borrower Location

Berlin, VT

Project Location

Berlin, VT

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.