RUTLAND ECONOMIC DEVELOPMENT CORPORATION (VT) - 2020 PPP Loan Borrower Profile (# 1269138307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to RUTLAND ECONOMIC DEVELOPMENT 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

1269138307

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$45,800

Date Loan was Approved

Jan 16, 2021

Amount Forgiven

$45,998.26

Date Loan was Forgiven

Jun 30, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

45,800

Lender

Heritage Family FCU

Business Detail

Business Type

501(c)6 ¿ Non Profit Membership

NAICS

928120

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.