MICHAEL DESROSIERS (VT) - 2020 PPP Loan Borrower Profile (# 5042558907)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MICHAEL DESROSIERS. 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
5042558907
SBA Office Code
0150
Processing Method
PPP
Curent Loan Amount
$980
Date Loan was Approved
Apr 29, 2021
Amount Forgiven
$
Date Loan was Forgiven
Loan Status
Charged Off
Loan Term
32 Months
Payroll Proced
980
Lender
Benworth Capital

Business Detail

Business Type
Independent Contractors
NAICS
611620
Borrower Location
Charlotte, VT
Project Location
Charlotte, VT
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.