PPP Loan information for Lake champlain community sailing center

$87,500

Lake champlain community sailing center was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 04/09/2020 by The Mascoma Bank reported 23 jobs and $87,500 was used to fund payroll.

Lake champlain community sailing center is Existing or more than 2 years old

PPP Loan Search / VT / BURLINGTON / Lake champlain community sailing center

LAKE CHAMPLAIN COMMUNITY SAILING CENTER

Date Approved

04/09/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

LAKE CHAMPLAIN COMMUNITY SAILING CENTER

Borrower Address

PO Box 64818

Borrower City

BURLINGTON

Borrower State

VT

Borrower Zip

05406-4818

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43126

Servicing Lender Name

Mascoma Bank

Servicing Lender Address

67 N Park St

Servicing Lender City

LEBANON

Servicing Lender State

NH

Servicing Lender Zip

03766-1317

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05406-4818

CD

VT-

Jobs Reported

23

NAICS Code

713930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

43126

Originating Lender

Mascoma Bank

Originating Lender City

LEBANON

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

88164.04

Forgiveness Date

01/19/2021

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