PPP Loan information for Sac incorporated

$1,960,000

Sac incorporated was initially approved for PPP Loan of amount $1,960,000, the current approved amount is $1,960,000. The loan was approved on 01/28/2021 by The Community National Bank reported 199 jobs and $1,960,000 was used to fund payroll.

Sac incorporated is Existing or more than 2 years old

PPP Loan Search / VT / South Burlington / Sac incorporated

SAC INCORPORATED

Date Approved

01/28/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

SAC INCORPORATED

Borrower Address

1050 Hinesburg Rd

Borrower City

South Burlington

Borrower State

VT

Borrower Zip

05403-7621

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1960000.00

Current Approval Amount

1960000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Burlington

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05403-7621

CD

VT-

Jobs Reported

199

NAICS Code

332996

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1959997.00

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

Corporation

Originating Lender Location Id

72972

Originating Lender

Community National Bank

Originating Lender City

DERBY

Originating Lender State

VT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1976807.67

Forgiveness Date

12/14/2021

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