As part of the Paycheck Protection Program BENOIT ELECTRIC, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

BENOIT ELECTRIC, INC


Loan Amount	$1,111,757
BusinessName	BENOIT ELECTRIC, INC
Address	254 Industrial Lane
City	BARRE
State	VT
Zip	5641
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Non-Veteran
NonProfit
JobsReported	80
DateApproved	04/05/2020
Lender	People's United Bank, National Association
CD	VT-
BusinessName.clean	BENOIT ELECTRIC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

BENOIT PREMIUM THREADING
BENORE LOGISTIC SYSTEMS
BENOURE PLUMBING AND HEATING
BENQ AMERICA CORP
BENRICH SERVICE COMPANY