MARTELS APPLIANCE REPAIR INC (VT) - 2020 PPP Loan Borrower Profile (# 3279577110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MARTELS APPLIANCE REPAIR 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

3279577110

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$3,700

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$3,735.68

Date Loan was Forgiven

Apr 30, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

3,700

Lender

Berkshire Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

811412

Borrower Location

LUDLOW, VT

Project Location

LUDLOW, 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.