# PPP loan: SAC INCORPORATED
> **$1.96M** approved 01/28/2021 · Paid in Full · Loan `7367498300`
## Borrower
- **Name:** SAC INCORPORATED
- **Address:** 1050 Hinesburg Rd, South Burlington, VT, 05403-7621
- **NAICS:** 332996
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.96M
- **Initial approval:** $1.96M
- **Forgiven:** $1.98M (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.96M
- **Utilities:** $1
- **Jobs reported:** 199
## 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*