PPP Loan information for Merri-mar yachy basin, inc.

$165,900

Merri-mar yachy basin, inc. was initially approved for PPP Loan of amount $165,900, the current approved amount is $165,900. The loan was approved on 04/11/2020 by The Newburyport Five Cents Savings Bank reported 10 jobs and $165,900 was used to fund payroll.

Merri-mar yachy basin, inc. is Existing or more than 2 years old

MERRI-MAR YACHY BASIN, INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MERRI-MAR YACHY BASIN, INC.

Borrower Address

364 MERRIMAC ST

Borrower City

NEWBURYPORT

Borrower State

MA

Borrower Zip

01950-1930

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165900.00

Current Approval Amount

165900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWBURYPORT

Project County Name

ESSEX

Project State

MA

Project Zip

01950-1930

CD

MA-06

Jobs Reported

10

NAICS Code

713930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165900.00

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

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

166798.62

Forgiveness Date

11/03/2020

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