PPP Loan information for Lake champlain transportation company

$1,366,400

Lake champlain transportation company was initially approved for PPP Loan of amount $1,366,400, the current approved amount is $1,366,400. The loan was approved on 01/16/2021 by The Community National Bank reported 108 jobs and $1,366,400 was used to fund payroll.

Lake champlain transportation company is Existing or more than 2 years old

LAKE CHAMPLAIN TRANSPORTATION COMPANY

Date Approved

01/16/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

LAKE CHAMPLAIN TRANSPORTATION COMPANY

Borrower Address

1 King Street Dock

Borrower City

Burlington

Borrower State

VT

Borrower Zip

05401-5246

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1366400.00

Current Approval Amount

1366400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72972

Servicing Lender Name

Community National Bank

Servicing Lender Address

4811 US Rte 5

Servicing Lender City

DERBY

Servicing Lender State

VT

Servicing Lender Zip

05829

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05401-5246

CD

VT-

Jobs Reported

108

NAICS Code

483212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1366396.00

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

Subchapter S Corporation

Originating Lender Location Id

72972

Originating Lender

Community National Bank

Originating Lender City

DERBY

Originating Lender State

VT

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1377668.12

Forgiveness Date

11/19/2021

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