# PPP loan: LAKE CHAMPLAIN TRANSPORTATION COMPANY
> **$1.37M** approved 04/07/2020 · Paid in Full · Loan `6803267003`
## Borrower
- **Name:** LAKE CHAMPLAIN TRANSPORTATION COMPANY
- **Address:** 1 KING ST, BURLINGTON, VT, 05401-5275
- **NAICS:** 483212
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.37M (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.37M
- **Jobs reported:** 106
## Lender
- **Originating:** Community National Bank
- **Servicing:** Community National Bank (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*