LAKE CHAMPLAIN COMMUNITY SAILING CENTER (VT) - 2020 PPP Loan Borrower Profile (# 9127767008)

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. 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
9127767008
SBA Office Code
0150
Processing Method
PPP
Curent Loan Amount
$87,500
Date Loan was Approved
Apr 9, 2020
Amount Forgiven
$88,164.04
Date Loan was Forgiven
Jan 19, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
87,500
Lender
Mascoma Bank

Business Detail

Business Type
Non-Profit Organization
NAICS
713930
Borrower Location
BURLINGTON, VT
Project Location
BURLINGTON, VT
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
23
Business Age Description
Existing or more than 2 years old
Data Source: SBA.