THOMAS PLACEY (VT) - 2020 PPP Loan Borrower Profile (# 8950207202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to THOMAS PLACEY. 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

8950207202

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$9,600

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$9,696.26

Date Loan was Forgiven

May 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,200

Payroll Proced

7,200

Mortgage Interest Proceed

1,200

Lender

Wells River Savings Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

484110

Borrower Location

BRADFORD, VT

Project Location

BRADFORD, 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.