GREEN MOUNTAIN ELECTRIC SUPPLY (VT) - 2020 PPP Loan Borrower Profile (# 7618197009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to GREEN MOUNTAIN ELECTRIC SUPPLY. 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

7618197009

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$1,850,700

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$1,863,021.1

Date Loan was Forgiven

Dec 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

740,300

Rent Proceed

1,110,400

Lender

Berkshire Bank

Business Detail

Business Type

Corporation

NAICS

423610

Borrower Location

COLCHESTER, VT

Project Location

COLCHESTER, VT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

194

Business Age Description

Existing or more than 2 years old

Data Source: SBA.