JOLLEY ASSOCIATES, LLC (VT) - 2020 PPP Loan Borrower Profile (# 1103107204)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to JOLLEY ASSOCIATES, LLC. 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

1103107204

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$2,637,556

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$2,667,327.86

Date Loan was Forgiven

Jun 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

329,695

Payroll Proced

1,978,167

Mortgage Interest Proceed

329,694

Lender

NBT Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

446110

Borrower Location

SAINT ALBANS, VT

Project Location

SAINT ALBANS, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

417

Business Age Description

Existing or more than 2 years old

Data Source: SBA.