GALVION BALLISTICS LTD. (VT) - 2020 PPP Loan Borrower Profile (# 1720527207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GALVION BALLISTICS LTD.. 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

1720527207

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$2,211,700

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$2,239,331.1

Date Loan was Forgiven

Jul 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

2,211,700

Lender

BMO Bank National Association

Business Detail

Business Type

Corporation

NAICS

339999

Borrower Location

NEWPORT, VT

Project Location

NEWPORT, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

222

Business Age Description

Existing or more than 2 years old

Data Source: SBA.