SALVADOR AND BABIC PC (VT) - 2020 PPP Loan Borrower Profile (# 4383547008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to SALVADOR AND BABIC PC. 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
4383547008
SBA Office Code
0150
Processing Method
PPP
Curent Loan Amount
$135,400
Date Loan was Approved
Apr 3, 2020
Amount Forgiven
$136,187.59
Date Loan was Forgiven
Feb 12, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
130,803
Health Care Proceed
4,597
Lender
Community National Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
541211
Borrower Location
BARRE, VT
Project Location
BARRE, VT
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
11
Business Age Description
Existing or more than 2 years old
Data Source: SBA.