PPP Loan information for Mad river glen cooperative

$560,430

Mad river glen cooperative was initially approved for PPP Loan of amount $560,430, the current approved amount is $560,430. The loan was approved on 01/22/2021 by The Northfield Savings Bank reported 124 jobs and $560,430 was used to fund payroll.

Mad river glen cooperative is Existing or more than 2 years old

MAD RIVER GLEN COOPERATIVE

Date Approved

01/22/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

MAD RIVER GLEN COOPERATIVE

Borrower Address

57 Schuss Pass

Borrower City

Waitsfield

Borrower State

VT

Borrower Zip

05673-7265

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

560430.00

Current Approval Amount

560430.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73004

Servicing Lender Name

Northfield Savings Bank

Servicing Lender Address

33 S Main St

Servicing Lender City

NORTHFIELD

Servicing Lender State

VT

Servicing Lender Zip

05663-6703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waitsfield

Project County Name

WASHINGTON

Project State

VT

Project Zip

05673-7265

CD

VT-

Jobs Reported

124

NAICS Code

713920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

560428.00

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

Cooperative

Originating Lender Location Id

73004

Originating Lender

Northfield Savings Bank

Originating Lender City

NORTHFIELD

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

562578.32

Forgiveness Date

06/15/2021

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