FREEDOM RAINS, LLC (VT) - 2020 PPP Loan Borrower Profile (# 4790047008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FREEDOM RAINS, 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

4790047008

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$145,500

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$147,038.71

Date Loan was Forgiven

May 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,410

Payroll Proced

131,364

Rent Proceed

11,726

Lender

Peoples Trust Company of St. Albans

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

624410

Borrower Location

COLCHESTER, VT

Project Location

COLCHESTER, VT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.