PPP Loan information for Merrimack valley food bank, inc.

$119,657

Merrimack valley food bank, inc. was initially approved for PPP Loan of amount $119,657, the current approved amount is $119,657. The loan was approved on 06/19/2020 by The Eastern Bank reported 16 jobs and $119,657 was used to fund payroll.

Merrimack valley food bank, inc. is Existing or more than 2 years old

MERRIMACK VALLEY FOOD BANK, INC.

Date Approved

06/19/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MERRIMACK VALLEY FOOD BANK, INC.

Borrower Address

735 BROADWAY ST

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01854-3100

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119657.00

Current Approval Amount

119657.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01854-3100

CD

MA-03

Jobs Reported

16

NAICS Code

624210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119657.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

120547.78

Forgiveness Date

03/22/2021

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