# PPP loan: VERMONT COLLEGE OF FINE ARTS
> **$1.21M** approved 04/08/2020 · Paid in Full · Loan `7935227009`
## Borrower
- **Name:** VERMONT COLLEGE OF FINE ARTS
- **Address:** 36 COLLEGE ST, MONTPELIER, VT, 05602-3128
- **NAICS:** 611610
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 106
## Lender
- **Originating:** Mascoma Bank
- **Servicing:** Mascoma Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*