VERMONT SALT CAVES LLC (VT) - 2020 PPP Loan Borrower Profile (# 5780417002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to VERMONT SALT CAVES LLC. 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

5780417002

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$7,500

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$7,563.7

Date Loan was Forgiven

Feb 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

6,000

Rent Proceed

1,500

Lender

Passumpsic Savings Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

812199

Borrower Location

MONTGOMERY CENTER, VT

Project Location

MONTGOMERY CENTER, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.