PPP Loan information for The studio on elm

$75,000

The studio on elm was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/04/2020 by The Merrimack County Savings Bank reported 5 jobs and $75,000 was used to fund payroll.

The studio on elm is Existing or more than 2 years old

THE STUDIO ON ELM

Date Approved

04/04/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

THE STUDIO ON ELM

Borrower Address

1000 ELM ST

Borrower City

MANCHESTER

Borrower State

NH

Borrower Zip

03101-1700

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42989

Servicing Lender Name

Merrimack County Savings Bank

Servicing Lender Address

89 N Main St

Servicing Lender City

CONCORD

Servicing Lender State

NH

Servicing Lender Zip

03301-4935

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MANCHESTER

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03101-1700

CD

NH-01

Jobs Reported

5

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

42989

Originating Lender

Merrimack County Savings Bank

Originating Lender City

CONCORD

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

68417.32

Forgiveness Date

11/25/2020

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