MICHAEL ENGINEERING COMPANY PC (VT) - 2020 PPP Loan Borrower Profile (# 7336087002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MICHAEL ENGINEERING COMPANY PC. 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

7336087002

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$24,800

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$24,995

Date Loan was Forgiven

Feb 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

24,800

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

541330

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.