PPP Loan information for Merrimack valley children's academy inc

$85,130

Merrimack valley children's academy inc was initially approved for PPP Loan of amount $85,130, the current approved amount is $85,130. The loan was approved on 04/23/2021 by The Eastern Bank reported 22 jobs and $85,130 was used to fund payroll.

Merrimack valley children's academy inc is Existing or more than 2 years old

PPP Loan Search / MA / Methuen / Merrimack valley children's academy inc

MERRIMACK VALLEY CHILDREN'S ACADEMY INC

Date Approved

04/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MERRIMACK VALLEY CHILDREN'S ACADEMY INC

Borrower Address

468 Merrimack St

Borrower City

Methuen

Borrower State

MA

Borrower Zip

01844-5880

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85130.00

Current Approval Amount

85130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Methuen

Project County Name

ESSEX

Project State

MA

Project Zip

01844-5880

CD

MA-03

Jobs Reported

22

NAICS Code

624410

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

85126.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

85643.14

Forgiveness Date

12/01/2021

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