President Biden announced important changes to the PPP, including a two-week window for businesses with fewer than 20 employees.
LEARN MORE Close

Success Stories

When Covid-19 started to become a full-blown pandemic in the United States in mid-March, one of the darkest outlooks was how America’s small business sector would fare.

Main Street staples such as movie theaters, bars, restaurants, bookstores and clothing shops shuddered their doors nearly overnight.

“Our initial reaction first and foremost was the health and safety of our employees,” said Minty Conant, Caledonia Spirits owner and special projects manager. Caledonia Spirits is a distillery and bar in Montpelier. “How do we keep everyone safe? Secondly, do we shut down all of our retail and bar operations. Bars and restaurants around the country were shut down as well– we were concerned for our survival as a business.  The uncertainty was extremely stressful.”

By March 27 the Coronavirus Aid, Relief, and Economic Security Act, a $2.2 trillion economic relief bill, was signed into law and one of its primary provisions was the Paycheck Protection Program. PPP... Read More

When Covid-19 started to become a full-blown pandemic in the United States in mid-March, one of the darkest outlooks was how America’s small business sector would fare.

Main Street staples such as movie theaters, bars, restaurants, bookstores and clothing shops shuddered their doors nearly overnight.

“Our initial reaction first and foremost was the health and safety of our employees,” said Minty Contant, Caledonia Spirits Special Projects Manager. Caledonia Spirits is a distillery and bar in Montpelier. “How do we keep everyone safe? Secondly, do we shut down all of our retail and bar operations. Bars and restaurants around the country were shut down as well– we were concerned for our survival as a business.  The uncertainty was extremely stressful.”

By March 27 the Coronavirus Aid, Relief, and Economic Security Act, a $2.2 trillion economic relief bill, was signed into law and one of its primary provisions was the Paycheck Protection Program. PPP provided... Read More

When Covid-19 started to become a full-blown pandemic in the United States in mid-March, one of the darkest outlooks was how America’s small business sector would fare.

Main Street staples such as movie theaters, bars, restaurants, bookstores and clothing shops shuddered their doors nearly overnight.

“Our initial reaction first and foremost was the health and safety of our employees,” said Minty Contant, Caledonia Spirits Special Projects Manager. Caledonia Spirits is a distillery and bar in Montpelier. “How do we keep everyone safe? Secondly, do we shut down all of our retail and bar operations. Bars and restaurants around the country were shut down as well– we were concerned for our survival as a business.  The uncertainty was extremely stressful.”

By March 27 the Coronavirus Aid, Relief, and Economic Security Act, a $2.2 trillion economic relief bill, was signed into law and one of its primary provisions was the Paycheck Protection Program. PPP provided... Read More

A small business in Wilder, Vt. is putting the final touches on one of its most significant projects. Soon Vermod will finish construction of its 100th home.

After Tropical Storm Irene struck Vermont in 2011, it was determined about 130 mobile homes were destroyed and more than 400 were damaged. During the aftermath, state and local officials recommended several proposals to assist Vermont mobile homeowners.  Cities and towns were asked to update their emergency plans to include mobile home areas. A loan program was established for Vermonters to obtain affordable financing to buy a mobile home. One of the more ambitious plans was when several non-profit organizations teamed up to create the Modular Housing Innovation Project in 2013. It was a pilot program to construct 10 well-insulated and energy efficient modular homes to replace mobile homes.  Leading the effort was Steven Davis, Vermod owner, a local builder with an energy-efficient construction background.

“The... Read More

Pages