SILVER FOREST OF VERMONT INC (VT) - 2020 PPP Loan Borrower Profile (# 4494437002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to SILVER FOREST OF VERMONT 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

4494437002

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$550,000

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$554,083.56

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

550,000

Lender

Mascoma Bank

Business Detail

Business Type

Corporation

NAICS

333991

Borrower Location

BELLOWS FALLS, VT

Project Location

BELLOWS FALLS, 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.