PPP Loan information for Merrow sewing machine co., inc

$212,000

Merrow sewing machine co., inc was initially approved for PPP Loan of amount $212,000, the current approved amount is $212,000. The loan was approved on 04/09/2020 by The Bristol County Savings Bank reported 18 jobs and $212,000 was used to fund payroll.

Merrow sewing machine co., inc is Existing or more than 2 years old

PPP Loan Search / MA / FALL RIVER / Merrow sewing machine co., inc

MERROW SEWING MACHINE CO., INC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MERROW SEWING MACHINE CO., INC

Borrower Address

502 BEDFORD ST

Borrower City

FALL RIVER

Borrower State

MA

Borrower Zip

02720-4802

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

212000.00

Current Approval Amount

212000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33371

Servicing Lender Name

Bristol County Savings Bank

Servicing Lender Address

29 Broadway

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-3269

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FALL RIVER

Project County Name

BRISTOL

Project State

MA

Project Zip

02720-4802

CD

MA-04

Jobs Reported

18

NAICS Code

315220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

170000.00

Mortgage Interest Proceed

0.00

Rent Proceed

22000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33371

Originating Lender

Bristol County Savings Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

213961.00

Forgiveness Date

03/22/2021

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