PPP Loan information for Merrimac industrial sales, inc.

$794,033

Merrimac industrial sales, inc. was initially approved for PPP Loan of amount $794,033, the current approved amount is $794,033. The loan was approved on 04/27/2020 by The Santander Bank, National Association reported 48 jobs and $794,033 was used to fund payroll.

Merrimac industrial sales, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Haverhill / Merrimac industrial sales, inc.

MERRIMAC INDUSTRIAL SALES, INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MERRIMAC INDUSTRIAL SALES, INC.

Borrower Address

111 Neck Rd.

Borrower City

Haverhill

Borrower State

MA

Borrower Zip

01835

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

794033.00

Current Approval Amount

794033.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Haverhill

Project County Name

ESSEX

Project State

MA

Project Zip

01835-0001

CD

MA-03

Jobs Reported

48

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

794033.00

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

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

800863.86

Forgiveness Date

03/11/2021

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