# PPP loan: GREEN LANTERN DEVELOPMENT, LLC
> **$174K** approved 04/04/2020 · Exemption 4 · Loan `5028497006`
## Borrower
- **Name:** GREEN LANTERN DEVELOPMENT, LLC
- **Address:** 121 South Pinnacle Ridge, Waterbury, VT, 05676-4430
- **NAICS:** 221114
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Startup, Loan Funds will Open Business
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $146K (84%)
- **Forgiveness date:** 01/05/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 8
## Lender
- **Originating:** Vermont 504 Corporation
- **Servicing:** Vermont 504 Corporation (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*