123 INSURANCE, INC. (VT) - 2020 PPP Loan Borrower Profile (# 6646627108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 123 INSURANCE, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Vermont.

Loan Detail

Loan Number
6646627108
SBA Office Code
0150
Processing Method
PPP
Curent Loan Amount
$127,500
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$128,526.99
Date Loan was Forgiven
Feb 16, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
127,500
Lender
Community Bank, National Association

Business Detail

Business Type
Corporation
NAICS
524210
Borrower Location
SAINT ALBANS, VT
Project Location
SAINT ALBANS, VT
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
12
Business Age Description
Existing or more than 2 years old
Data Source: SBA.