PPP Loan information for Merrimac laundromat llc

$94,800

Merrimac laundromat llc was initially approved for PPP Loan of amount $94,800, the current approved amount is $94,800. The loan was approved on 04/11/2020 by The Enterprise Bank and Trust Company reported 16 jobs and $94,800 was used to fund payroll.

Merrimac laundromat llc is Existing or more than 2 years old

PPP Loan Search / MA / METHUEN / Merrimac laundromat llc

MERRIMAC LAUNDROMAT LLC

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MERRIMAC LAUNDROMAT LLC

Borrower Address

21 BURNHAM RD

Borrower City

METHUEN

Borrower State

MA

Borrower Zip

01844-3317

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94800.00

Current Approval Amount

94800.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

METHUEN

Project County Name

ESSEX

Project State

MA

Project Zip

01844-3317

CD

MA-03

Jobs Reported

16

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10500.00

Payroll Proceed

63000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6300.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

Forgiveness Amount

95597.90

Forgiveness Date

02/19/2021

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