# PPP loan: NEW ENGLAND EXCESS EXCHANGE, LTD.
> **$675K** approved 04/05/2020 · Paid in Full · Loan `5108467008`
## Borrower
- **Name:** NEW ENGLAND EXCESS EXCHANGE, LTD.
- **Address:** 57 Parker Street, BARRE, VT, 05641
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $675K
- **Initial approval:** $675K
- **Forgiven:** $681K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $631K
- **Health care:** $44K
- **Jobs reported:** 45
## 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) · MORVS · CC0 1.0*