COUGHLIN INC. (VT) - 2020 PPP Loan Borrower Profile (# 8281227101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to COUGHLIN 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

8281227101

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$2,043,500

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$2,068,693.84

Date Loan was Forgiven

Jul 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

2,043,500

Lender

Citizens Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

722513

Borrower Location

Rutland, VT

Project Location

Rutland, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

351

Business Age Description

Existing or more than 2 years old

Data Source: SBA.