Merrimac Laundromat LLC

$94,800 PPP Loan in Methuen, Massachusetts

Loan Details

Loan Number
2903267100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$94,800
Current Approval
$94,800
Forgiveness Amount
$95,598
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merrimac Laundromat LLC
Address
21 Burnham Rd
ZIP Code
01844-3317
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (812310)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$63,000
Rent
$15,000
Utilities
$10,500
Health Care
$6,300

Lender Information

Servicing Lender
Enterprise Bank and Trust Company
Originating Lender
Enterprise Bank and Trust Company

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