COCHRAN INC. (VT) - 2020 PPP Loan Borrower Profile (# 7055438305)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to COCHRAN 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
7055438305
SBA Office Code
0150
Processing Method
PPS
Curent Loan Amount
$80,200
Date Loan was Approved
Jan 27, 2021
Amount Forgiven
$80,916.31
Date Loan was Forgiven
Dec 28, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
80,197
Lender
Community National Bank
Business Detail
Business Type
Corporation
NAICS
327991
Borrower Location
Barre, VT
Project Location
Barre, VT
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
83
Business Age Description
Existing or more than 2 years old
Data Source: SBA.