THE GYMNASIUM INC (VT) - 2020 PPP Loan Borrower Profile (# 8203078508)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to THE GYMNASIUM 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

8203078508

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$11,427

Date Loan was Approved

Mar 9, 2021

Amount Forgiven

$11,500.32

Date Loan was Forgiven

Nov 5, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

11,425

Lender

Bar Harbor Bank & Trust

Business Detail

Business Type

Subchapter S Corporation

NAICS

812990

Borrower Location

Rutland, VT

Project Location

Rutland, 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.