MAGEE OFFICE EQUIPMENT INC (VT) - 2020 PPP Loan Borrower Profile (# 4962517102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MAGEE OFFICE EQUIPMENT 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

4962517102

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$226,657

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$228,533.22

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

226,657

Lender

Northfield Savings Bank

Business Detail

Business Type

Corporation

NAICS

453210

Borrower Location

RANDOLPH, VT

Project Location

RANDOLPH, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.