GRAVEL & SHEA PC (VT) - 2020 PPP Loan Borrower Profile (# 5349907108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GRAVEL & SHEA PC. 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

5349907108

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$901,970

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$912,694.79

Date Loan was Forgiven

Jun 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

114,746.25

Payroll Proced

676,477.5

Mortgage Interest Proceed

110,746.25

Lender

NBT Bank, National Association

Business Detail

Business Type

Corporation

NAICS

541110

Borrower Location

BURLINGTON, VT

Project Location

BURLINGTON, VT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.