JRC ELECTRIC (VT) - 2020 PPP Loan Borrower Profile (# 6196187109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to JRC ELECTRIC. 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

6196187109

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$12,300

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$12,394.36

Date Loan was Forgiven

Jan 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

9,300

Mortgage Interest Proceed

1,000

Debt Interest Proceed

1,000

Lender

Wells River Savings Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

238210

Borrower Location

THETFORD CENTER, VT

Project Location

THETFORD CENTER, 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.