PPP Loan information for Merrimac tool company, inc.

$212,700

Merrimac tool company, inc. was initially approved for PPP Loan of amount $215,700, the current approved amount is $212,700. The loan was approved on 04/28/2020 by The Primis Bank reported 17 jobs and $212,700 was used to fund payroll.

Merrimac tool company, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Amesbury / Merrimac tool company, inc.

MERRIMAC TOOL COMPANY, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MERRIMAC TOOL COMPANY, INC.

Borrower Address

91 High Street

Borrower City

Amesbury

Borrower State

MA

Borrower Zip

01913-1440

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

215700.00

Current Approval Amount

212700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Amesbury

Project County Name

ESSEX

Project State

MA

Project Zip

01913-1440

CD

MA-06

Jobs Reported

17

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

212700.00

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

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

214966.86

Forgiveness Date

06/02/2021

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