PPP Loan information for Merrimac heights academy inc

$127,180

Merrimac heights academy inc was initially approved for PPP Loan of amount $127,180, the current approved amount is $127,180. The loan was approved on 02/10/2021 by The Salem Co-operative Bank reported 12 jobs and $127,180 was used to fund payroll.

Merrimac heights academy inc is Existing or more than 2 years old

MERRIMAC HEIGHTS ACADEMY INC

Date Approved

02/10/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MERRIMAC HEIGHTS ACADEMY INC

Borrower Address

100 W Main St

Borrower City

Merrimac

Borrower State

MA

Borrower Zip

01860-2255

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

127180.00

Current Approval Amount

127180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78004

Servicing Lender Name

Salem Co-operative Bank

Servicing Lender Address

3 S Broadway

Servicing Lender City

SALEM

Servicing Lender State

NH

Servicing Lender Zip

03079-3005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Merrimac

Project County Name

ESSEX

Project State

MA

Project Zip

01860-2255

CD

MA-06

Jobs Reported

12

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

127177.00

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

Non-Profit Organization

Originating Lender Location Id

78004

Originating Lender

Salem Co-operative Bank

Originating Lender City

SALEM

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

127605.09

Forgiveness Date

06/15/2021

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