DESTINY MAGOON (VT) - 2020 PPP Loan Borrower Profile (# 6062257209)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DESTINY MAGOON. 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

6062257209

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$1,000

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$1,007.84

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

125

Payroll Proced

750

Mortgage Interest Proceed

125

Lender

Celtic Bank Corporation

Business Detail

Business Type

Sole Proprietorship

NAICS

812990

Borrower Location

Townshend, VT

Project Location

Townshend, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.