PPP Loan information for Vermont college of fine arts

$1,214,000

Vermont college of fine arts was initially approved for PPP Loan of amount $1,214,000, the current approved amount is $1,214,000. The loan was approved on 04/08/2020 by The Mascoma Bank reported 106 jobs and $1,214,000 was used to fund payroll.

Vermont college of fine arts is Existing or more than 2 years old

VERMONT COLLEGE OF FINE ARTS

Date Approved

04/08/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

VERMONT COLLEGE OF FINE ARTS

Borrower Address

36 COLLEGE ST

Borrower City

MONTPELIER

Borrower State

VT

Borrower Zip

05602-3128

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1214000.00

Current Approval Amount

1214000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTPELIER

Project County Name

WASHINGTON

Project State

VT

Project Zip

05602-3128

CD

VT-

Jobs Reported

106

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1214000.00

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

1220751.84

Forgiveness Date

11/05/2020

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