LUDLOW INSURANCE AGENCY (VT) - 2020 PPP Loan Borrower Profile (# 5536707810)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to LUDLOW INSURANCE AGENCY. 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
5536707810
SBA Office Code
0150
Processing Method
PPP
Curent Loan Amount
$44,900
Date Loan was Approved
May 30, 2020
Amount Forgiven
$44,936.68
Date Loan was Forgiven
May 20, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
44,900
Lender
Berkshire Bank
Business Detail
Business Type
Corporation
NAICS
524210
Borrower Location
LUDLOW, VT
Project Location
LUDLOW, VT
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
4
Business Age Description
Unanswered
Data Source: SBA.