THOMPSONS' REDEMPTION CONVENIENCE, INC. (VT) - 2020 PPP Loan Borrower Profile (# 3749457202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to THOMPSONS' REDEMPTION CONVENIENCE, 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

3749457202

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$63,175

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$63,498.66

Date Loan was Forgiven

Nov 5, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,400

Payroll Proced

50,540

Rent Proceed

9,625

Debt Interest Proceed

610

Lender

Passumpsic Savings Bank

Business Detail

Business Type

Corporation

NAICS

445120

Borrower Location

DERBY, VT

Project Location

DERBY, 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.