JOHN J READ CONSTRUCTION CORPORATION (VT) - 2020 PPP Loan Borrower Profile (# 1904507402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to JOHN J READ CONSTRUCTION CORPORATION. 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

1904507402

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$25,405

Date Loan was Approved

May 5, 2020

Amount Forgiven

$25,622.86

Date Loan was Forgiven

Mar 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

25,405

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

236118

Borrower Location

STRATTON, VT

Project Location

STRATTON, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.