PPP Loan information for Merrimack valley systems inc.

$872,552

Merrimack valley systems inc. was initially approved for PPP Loan of amount $872,552, the current approved amount is $872,552. The loan was approved on 03/13/2021 by The Enterprise Bank and Trust Company reported 77 jobs and $872,552 was used to fund payroll.

Merrimack valley systems inc. is Existing or more than 2 years old

PPP Loan Search / MA / Methuen / Merrimack valley systems inc.

MERRIMACK VALLEY SYSTEMS INC.

Date Approved

03/13/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MERRIMACK VALLEY SYSTEMS INC.

Borrower Address

15 Aegean Dr Ste 3

Borrower City

Methuen

Borrower State

MA

Borrower Zip

01844-1558

Loan Status Date

09/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

872552.00

Current Approval Amount

872552.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Methuen

Project County Name

ESSEX

Project State

MA

Project Zip

01844-1558

CD

MA-03

Jobs Reported

77

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

872547.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

884913.15

Forgiveness Date

08/09/2022

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