PPP Loan information for Fred's propane, inc.

$372,961

Fred's propane, inc. was initially approved for PPP Loan of amount $372,961, the current approved amount is $372,961. The loan was approved on 04/09/2020 by The Woodsville Guaranty Savings Bank reported 30 jobs and $372,961 was used to fund payroll.

Fred's propane, inc. is Existing or more than 2 years old

FRED'S PROPANE, INC.

Date Approved

04/09/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

FRED'S PROPANE, INC.

Borrower Address

326 Main St

Borrower City

DERBY

Borrower State

VT

Borrower Zip

05829-9743

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372961.47

Current Approval Amount

372961.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43179

Servicing Lender Name

Woodsville Guaranty Savings Bank

Servicing Lender Address

63 Central St

Servicing Lender City

WOODSVILLE

Servicing Lender State

NH

Servicing Lender Zip

03785-1007

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DERBY

Project County Name

ORLEANS

Project State

VT

Project Zip

05829-9743

CD

VT-

Jobs Reported

30

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1961.47

Payroll Proceed

368000.00

Mortgage Interest Proceed

3000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

43179

Originating Lender

Woodsville Guaranty Savings Bank

Originating Lender City

WOODSVILLE

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

375344.28

Forgiveness Date

12/02/2020

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