DUCHARME'S MACHINE SHOP INC. (VT) - 2020 PPP Loan Borrower Profile (# 5219568405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DUCHARME'S MACHINE SHOP 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

5219568405

SBA Office Code

0150

Processing Method

PPS

Curent Loan Amount

$76,460

Date Loan was Approved

Feb 8, 2021

Amount Forgiven

$77,456.1

Date Loan was Forgiven

May 26, 2022

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

76,455

Lender

Northfield Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

333120

Borrower Location

Graniteville, VT

Project Location

Graniteville, 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.