WELLS RIVER LIBRARY ASSOCIATION (VT) - 2020 PPP Loan Borrower Profile (# 2755508006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to WELLS RIVER LIBRARY ASSOCIATION. 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

2755508006

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$4,600

Date Loan was Approved

Jun 24, 2020

Amount Forgiven

$4,624.45

Date Loan was Forgiven

Jan 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

1,800

Payroll Proced

2,800

Lender

Wells River Savings Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

519120

Borrower Location

WELLS RIVER, VT

Project Location

WELLS RIVER, 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.