# PPP loan: S. B. COLLINS, INC.
> **$1.20M** approved 04/13/2020 · Paid in Full · Loan `5116287100`
## Borrower
- **Name:** S. B. COLLINS, INC.
- **Address:** 54 LOWER WELDEN STREET, SAINT ALBANS, VT, 05478-2359
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $903K
- **Utilities:** $301K
- **Jobs reported:** 72
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*