# PPP loan: GREEN MOUNTAIN ELECTRIC SUPPLY
> **$1.85M** approved 04/07/2020 · Paid in Full · Loan `7618197009`
## Borrower
- **Name:** GREEN MOUNTAIN ELECTRIC SUPPLY
- **Address:** 356 Rathe Road, COLCHESTER, VT, 05446-1505
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.86M (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $740K
- **Rent:** $1.11M
- **Jobs reported:** 194
## Lender
- **Originating:** Berkshire Bank
- **Servicing:** Berkshire Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*