# PPP loan: VERMONT PERMANENCY INITIATIVE, INC.
> **$1.95M** approved 04/08/2020 · Paid in Full · Loan `8243537001`
## Borrower
- **Name:** VERMONT PERMANENCY INITIATIVE, INC.
- **Address:** 633 NH RTE 10, ORFORD, NH, 03777-9999
- **NAICS:** 624110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.95M
- **Initial approval:** $1.95M
- **Forgiven:** $1.98M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.89M
- **Rent:** $7K
- **Mortgage interest:** $26K
- **Utilities:** $27K
- **Debt interest:** $3K
- **Jobs reported:** 213
## Lender
- **Originating:** Passumpsic Savings Bank
- **Servicing:** Passumpsic Savings Bank (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*