Cole Electric Inc.

$365,000 PPP Loan in East Thetford, Vermont

Loan Details

Loan Number
1554638303
Date Approved
Jan 17, 2021
Loan Status
Paid in Full
Initial Approval
$365,000
Current Approval
$365,000
Forgiveness Amount
$368,760
Forgiveness Date
Feb 2, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Cole Electric Inc.
Address
205 Church Ln
State
Vermont
ZIP Code
05043-4438
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$8.9M
Rural/Urban
Rural
Congressional District
VT-

Loan Use Breakdown

Payroll
$364,997
Utilities
$1

Lender Information

Servicing Lender
Ledyard National Bank
Originating Lender
Ledyard National Bank

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