PPP Loan information for Merrimack technology, llc

$42,500

Merrimack technology, llc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 06/25/2020 by The Newburyport Five Cents Savings Bank reported 3 jobs and $42,500 was used to fund payroll.

Merrimack technology, llc is Existing or more than 2 years old

PPP Loan Search / MA / NEWBURYPORT / Merrimack technology, llc

MERRIMACK TECHNOLOGY, LLC

Date Approved

06/25/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MERRIMACK TECHNOLOGY, LLC

Borrower Address

4 MIDDLE ST

Borrower City

NEWBURYPORT

Borrower State

MA

Borrower Zip

01950-2717

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

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

01950-2717

CD

MA-06

Jobs Reported

3

NAICS Code

541715

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

42770.35

Forgiveness Date

02/11/2021

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