FROST BEER WORKS, LLC (VT) - 2020 PPP Loan Borrower Profile (# 3426957706)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FROST BEER WORKS, 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

3426957706

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$55,404.72

Date Loan was Approved

May 1, 2020

Amount Forgiven

$55,961.8

Date Loan was Forgiven

May 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,925.59

Payroll Proced

41,553.54

Mortgage Interest Proceed

6,925.59

Lender

Celtic Bank Corporation

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

312120

Borrower Location

Hinesburg, VT

Project Location

Hinesburg, VT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.