SIMON'S EXIT 16 INC (VT) - 2020 PPP Loan Borrower Profile (# 6559257008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to SIMON'S EXIT 16 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

6559257008

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$29,572

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$29,895.27

Date Loan was Forgiven

May 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

29,572

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

445120

Borrower Location

BURLINGTON, VT

Project Location

BURLINGTON, VT

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.