KINNEY MOTORS, LTD (VT) - 2020 PPP Loan Borrower Profile (# 1308447107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to KINNEY MOTORS, LTD. 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
1308447107
SBA Office Code
0150
Processing Method
PPP
Curent Loan Amount
$944,064
Date Loan was Approved
Apr 10, 2020
Amount Forgiven
$958,481.43
Date Loan was Forgiven
Oct 27, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
14,064
Payroll Proced
850,000
Mortgage Interest Proceed
30,000
Rent Proceed
0
Refinance EIDL Proceed
0
Health Care Proceed
50,000
Debt Interest Proceed
0
Lender
JPMorgan Chase Bank, National Association

Business Detail

Business Type
Subchapter S Corporation
NAICS
441110
Borrower Location
Rutland, VT
Project Location
Rutland, VT
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
61
Business Age Description
Existing or more than 2 years old
Data Source: SBA.