PPP Loan information for Merrimac heights academy, inc.

$129,700

Merrimac heights academy, inc. was initially approved for PPP Loan of amount $129,700, the current approved amount is $129,700. The loan was approved on 05/05/2020 by The Salem Co-operative Bank reported 12 jobs and $129,700 was used to fund payroll.

Merrimac heights academy, inc. is Existing or more than 2 years old

PPP Loan Search / MA / MERRIMAC / Merrimac heights academy, inc.

MERRIMAC HEIGHTS ACADEMY, INC.

Date Approved

05/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MERRIMAC HEIGHTS ACADEMY, INC.

Borrower Address

100 - 102 W MAIN ST

Borrower City

MERRIMAC

Borrower State

MA

Borrower Zip

01860-2255

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

129700.00

Current Approval Amount

129700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78004

Servicing Lender Name

Salem Co-operative Bank

Servicing Lender Address

3 S Broadway

Servicing Lender City

SALEM

Servicing Lender State

NH

Servicing Lender Zip

03079-3005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERRIMAC

Project County Name

ESSEX

Project State

MA

Project Zip

01860-2255

CD

MA-06

Jobs Reported

12

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103760.00

Mortgage Interest Proceed

0.00

Rent Proceed

25940.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

78004

Originating Lender

Salem Co-operative Bank

Originating Lender City

SALEM

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

130513.73

Forgiveness Date

12/28/2020

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