Gate's Electric INC
$95,050 PPP Loan in Newport, Vermont
Loan Details
- Loan Number
- 1931267103
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $95,050
- Current Approval
- $95,050
- Forgiveness Amount
- $95,626
- Forgiveness Date
- Nov 25, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
Loan Use Breakdown
- Payroll
- $83,000
- Rent
- $4,000
- Utilities
- $6,050
- Debt Interest
- $2,000
Lender Information
- Servicing Lender
- Passumpsic Savings Bank
- Originating Lender
- Passumpsic Savings Bank
Other PPP Loans in Newport, VT
| Business | Approved | |
|---|---|---|
| Northeast Kingdom Human Services | $3,987,300 | |
| Galvion Ballistics Ltd. | $2,211,700 | |
| Poulin Grain, Inc. | $1,400,000 | |
| Blissrite Pizza Company INC | $674,200 | |
| Orleans Essex Visiting Nurse Association & Hospice, Inc. | $575,100 |
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