PPP Loan information for The merrimack valley islamic academy inc-sba small 7a term

$191,602

The merrimack valley islamic academy inc-sba small 7a term was initially approved for PPP Loan of amount $191,602, the current approved amount is $191,602. The loan was approved on 05/01/2020 by The TD Bank, National Association reported 26 jobs and $191,602 was used to fund payroll.

The merrimack valley islamic academy inc-sba small 7a term is Existing or more than 2 years old

THE MERRIMACK VALLEY ISLAMIC ACADEMY INC-SBA SMALL 7A TERM

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE MERRIMACK VALLEY ISLAMIC ACADEMY INC-SBA SMALL 7A TERM

Borrower Address

125 Oakland Ave

Borrower City

Methuen

Borrower State

MA

Borrower Zip

01844

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

191602.00

Current Approval Amount

191602.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

Y

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

01844-0001

CD

MA-03

Jobs Reported

26

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

191602.00

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

Non-Profit Organization

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

193097.56

Forgiveness Date

02/10/2021

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