PRECISION MOTOR WORKS - SALES AND SERVICE, LLC (VT) - 2020 PPP Loan Borrower Profile (# 3528787105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to PRECISION MOTOR WORKS - SALES AND SERVICE, LLC. 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

3528787105

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$23,000

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$23,124.77

Date Loan was Forgiven

Oct 29, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

23,000

Lender

Mascoma Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

811111

Borrower Location

BETHEL, VT

Project Location

BETHEL, VT

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.