PPP Loan information for Carpet connection inc

$70,200

Carpet connection inc was initially approved for PPP Loan of amount $70,200, the current approved amount is $70,200. The loan was approved on 04/08/2020 by The Community National Bank reported 10 jobs and $70,200 was used to fund payroll.

Carpet connection inc is Existing or more than 2 years old

CARPET CONNECTION INC

Date Approved

04/08/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

CARPET CONNECTION INC

Borrower Address

199 Depot Street

Borrower City

LYNDONVILLE

Borrower State

VT

Borrower Zip

05851-9706

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70200.00

Current Approval Amount

70200.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNDONVILLE

Project County Name

CALEDONIA

Project State

VT

Project Zip

05851-9706

CD

VT-

Jobs Reported

10

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70200.00

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

Unanswered

Non Profit

Forgiveness Amount

60521.62

Forgiveness Date

10/30/2020

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