Date Approved
03/31/2021
SBA Office Code
0101
Processing Method
PPS
Borrower Name
MERRY INC.
Borrower Address
249 Pearl St
Borrower City
Somerville
Borrower State
MA
Borrower Zip
02145-3942
Loan Status Date
07/09/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
618075.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
32698
Servicing Lender Name
Cambridge Savings Bank
Servicing Lender Address
1374 Massachusetts Ave
Servicing Lender City
CAMBRIDGE
Servicing Lender State
Servicing Lender Zip
02138-3822
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
CD
MA-07
Jobs Reported
38
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
618072.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
625526.27
Forgiveness Date
06/16/2022