LEADING EDGE TOOL CO. (VT) - 2020 PPP Loan Borrower Profile (# 3785347201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to LEADING EDGE TOOL CO.. 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

3785347201

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$27,814

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$27,953.45

Date Loan was Forgiven

Nov 5, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,562

Payroll Proced

22,252

Mortgage Interest Proceed

3,000

Lender

Passumpsic Savings Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

333514

Borrower Location

LYNDONVILLE, VT

Project Location

LYNDONVILLE, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.