WELLS MOUNTAIN INITIATIVE (VT) - 2020 PPP Loan Borrower Profile (# 3115317302)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to WELLS MOUNTAIN INITIATIVE. 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
3115317302
SBA Office Code
0150
Processing Method
PPP
Curent Loan Amount
$37,302
Date Loan was Approved
Apr 29, 2020
Amount Forgiven
$37,606.55
Date Loan was Forgiven
Feb 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
37,302
Lender
Community Bank, National Association
Business Detail
Business Type
Non-Profit Organization
NAICS
813319
Borrower Location
BRISTOL, VT
Project Location
BRISTOL, VT
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
5
Business Age Description
Existing or more than 2 years old
Data Source: SBA.