EMERSON AND SONS LOGGING LLC (VT) - 2020 PPP Loan Borrower Profile (# 7154347007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to EMERSON AND SONS LOGGING LLC. 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

7154347007

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$29,400

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$29,576.4

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,000

Payroll Proced

23,000

Mortgage Interest Proceed

3,400

Lender

Wells River Savings Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

113310

Borrower Location

GROTON, VT

Project Location

GROTON, VT

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.