Merrimack Repertory Theatre, Inc.

$218,500 PPP Loan in Lowell, Massachusetts

Loan Details

Loan Number
4728597008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$218,500
Current Approval
$218,500
Forgiveness Amount
$219,919
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Merrimack Repertory Theatre, Inc.
Address
132 Warren Street
City
Lowell
ZIP Code
01852-2208
Business Type
Non-Profit Organization
Industry (NAICS)
Arts, Entertainment, and Recreation (711190)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$181,635
Rent
$5,865
Utilities
$10,000
Health Care
$17,000
Debt Interest
$4,000

Lender Information

Servicing Lender
The Lowell Five Cent Savings Bank
Originating Lender
The Lowell Five Cent Savings Bank

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