POWERS & POWERS, P.C. (VT) - 2020 PPP Loan Borrower Profile (# 6506887005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to POWERS & POWERS, P.C.. 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

6506887005

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$48,100

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$48,355.2

Date Loan was Forgiven

Oct 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

48,100

Lender

National Bank of Middlebury

Business Detail

Business Type

Subchapter S Corporation

NAICS

541110

Borrower Location

MIDDLEBURY, VT

Project Location

MIDDLEBURY, 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.