MIDWAY OIL CORPORATION (VT) - 2020 PPP Loan Borrower Profile (# 4422727007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MIDWAY OIL CORPORATION. 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

4422727007

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$528,800

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$533,943.12

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

496,920

Health Care Proceed

31,880

Lender

The Bank of Bennington

Business Detail

Business Type

Corporation

NAICS

447110

Borrower Location

RUTLAND, VT

Project Location

RUTLAND, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.