KARMA CHOLING SHAMBHALA MEDITATION CENTER (VT) - 2020 PPP Loan Borrower Profile (# 8265987008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to KARMA CHOLING SHAMBHALA MEDITATION CENTER. 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

8265987008

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$76,847.5

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$77,527.55

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

12,196.5

Payroll Proced

57,651

Mortgage Interest Proceed

5,500

Rent Proceed

1,500

Lender

Passumpsic Savings Bank

Business Detail

Business Type

Professional Association

NAICS

813110

Borrower Location

BARNET, VT

Project Location

BARNET, VT

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.