PPP Loan information for Merrimack repertory theatre, inc.

$218,500

Merrimack repertory theatre, inc. was initially approved for PPP Loan of amount $218,500, the current approved amount is $218,500. The loan was approved on 04/04/2020 by The The Lowell Five Cent Savings Bank reported 30 jobs and $218,500 was used to fund payroll.

Merrimack repertory theatre, inc. is Existing or more than 2 years old

MERRIMACK REPERTORY THEATRE, INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MERRIMACK REPERTORY THEATRE, INC.

Borrower Address

132 Warren Street

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852-2208

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218500.00

Current Approval Amount

218500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01852-2208

CD

MA-03

Jobs Reported

30

NAICS Code

711190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

181635.00

Mortgage Interest Proceed

0.00

Rent Proceed

5865.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17000.00

Debt Interest Proceed

4000

Business Type

Non-Profit Organization

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

219918.75

Forgiveness Date

12/09/2020

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