DESROCHERS EXCAVATING, INC. (VT) - 2020 PPP Loan Borrower Profile (# 6793707108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DESROCHERS EXCAVATING, 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

6793707108

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$73,400

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$74,188.3

Date Loan was Forgiven

May 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

73,400

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

238910

Borrower Location

DERBY, VT

Project Location

DERBY, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.