PPP Loan information for Merrimac business services, inc.

$32,473

Merrimac business services, inc. was initially approved for PPP Loan of amount $32,473, the current approved amount is $32,473. The loan was approved on 05/07/2020 by The Newburyport Five Cents Savings Bank reported 2 jobs and $32,473 was used to fund payroll.

Merrimac business services, inc. is Existing or more than 2 years old

MERRIMAC BUSINESS SERVICES, INC.

Date Approved

05/07/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

MERRIMAC BUSINESS SERVICES, INC.

Borrower Address

5 LAFAYETTE RD

Borrower City

HAMPTON

Borrower State

NH

Borrower Zip

03842-2600

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32473.00

Current Approval Amount

32473.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMPTON

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03842-2600

CD

NH-01

Jobs Reported

2

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32473.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32817.57

Forgiveness Date

06/01/2021

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