PPP Loan information for Elder services of the merrimack valley, inc.

$4,178,800

Elder services of the merrimack valley, inc. was initially approved for PPP Loan of amount $4,178,800, the current approved amount is $4,178,800. The loan was approved on 04/06/2020 by The Enterprise Bank and Trust Company reported 495 jobs and $4,178,800 was used to fund payroll.

Elder services of the merrimack valley, inc. is Existing or more than 2 years old

ELDER SERVICES OF THE MERRIMACK VALLEY, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ELDER SERVICES OF THE MERRIMACK VALLEY, INC.

Borrower Address

280 MERRIMACK ST Suite 400

Borrower City

LAWRENCE

Borrower State

MA

Borrower Zip

01843-1716

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4178800.00

Current Approval Amount

4178800.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCE

Project County Name

ESSEX

Project State

MA

Project Zip

01843-1716

CD

MA-03

Jobs Reported

495

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3452100.00

Mortgage Interest Proceed

0.00

Rent Proceed

242100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

484600.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

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

Y

Forgiveness Amount

4234749.49

Forgiveness Date

08/12/2021

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