LAKE CHAMPLAIN COMMUNITY SAILING CENTER INC. (VT) - 2020 PPP Loan Borrower Profile (# 8253328302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to LAKE CHAMPLAIN COMMUNITY SAILING CENTER INC.. 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

8253328302

SBA Office Code

0150

Processing Method

PPS

Curent Loan Amount

$98,443

Date Loan was Approved

Jan 29, 2021

Amount Forgiven

$98,958.14

Date Loan was Forgiven

Aug 13, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

98,443

Lender

Mascoma Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

611620

Borrower Location

Burlington, VT

Project Location

Burlington, VT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.