HB ENERGY SOLUTIONS INC. (VT) - 2020 PPP Loan Borrower Profile (# 7132518310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HB ENERGY SOLUTIONS INC.. 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

7132518310

SBA Office Code

0150

Processing Method

PPS

Curent Loan Amount

$461,212

Date Loan was Approved

Jan 27, 2021

Amount Forgiven

$464,787.97

Date Loan was Forgiven

Nov 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

461,208

Lender

Mascoma Bank

Business Detail

Business Type

Corporation

NAICS

238220

Borrower Location

Springfield, VT

Project Location

Springfield, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.