FARMWAY INC (VT) - 2020 PPP Loan Borrower Profile (# 5481237007)

Updated on April 18, 2025.

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

5481237007

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$450,800

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$453,329.49

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

37,567

Payroll Proced

338,100

Mortgage Interest Proceed

37,567

Health Care Proceed

37,566

Lender

Woodsville Guaranty Savings Bank

Business Detail

Business Type

Corporation

NAICS

453998

Borrower Location

BRADFORD, VT

Project Location

BRADFORD, 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.