THE LUFKIN CORPORATION (VT) - 2020 PPP Loan Borrower Profile (# 8363447308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to THE LUFKIN CORPORATION. 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

8363447308

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$15,200

Date Loan was Approved

May 1, 2020

Amount Forgiven

$15,298.99

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,520

Payroll Proced

11,400

Rent Proceed

2,280

Lender

Ledyard National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

541430

Borrower Location

NORWICH, VT

Project Location

NORWICH, 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.