ROYAL TRAIL WORKS INC. (VT) - 2020 PPP Loan Borrower Profile (# 2424648705)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ROYAL TRAIL WORKS 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

2424648705

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$62,974

Date Loan was Approved

Mar 29, 2021

Amount Forgiven

$63,304.61

Date Loan was Forgiven

Oct 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

62,972

Lender

Northfield Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

237990

Borrower Location

South Royalton, VT

Project Location

South Royalton, 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.