NORTHEAST KINGDOM LEARNING SERVICES, INC. (VT) - 2020 PPP Loan Borrower Profile (# 7732517002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to NORTHEAST KINGDOM LEARNING SERVICES, 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

7732517002

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$190,500

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$191,577

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,200

Payroll Proced

141,800

Mortgage Interest Proceed

1,900

Rent Proceed

9,000

Health Care Proceed

31,100

Debt Interest Proceed

5,500

Lender

Passumpsic Savings Bank

Business Detail

Business Type

Corporation

NAICS

611710

Borrower Location

NEWPORT, VT

Project Location

NEWPORT, 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.