SOMMER SALES INC (VT) - 2020 PPP Loan Borrower Profile (# 5796308103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to SOMMER SALES 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

5796308103

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$29,300

Date Loan was Approved

Jul 20, 2020

Amount Forgiven

$29,446.9

Date Loan was Forgiven

Jan 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

29,300

Lender

Mascoma Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

541613

Borrower Location

Chester, VT

Project Location

Chester, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.