Elder Services of the Merrimack Valley, Inc.

$4,178,800 PPP Loan in Lawrence, Massachusetts

Loan Details

Loan Number
5867327002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$4,178,800
Current Approval
$4,178,800
Forgiveness Amount
$4,234,749
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elder Services of the Merrimack Valley, Inc.
Address
280 Merrimack St Suite 400
ZIP Code
01843-1716
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624120)
Business Age
Existing or more than 2 years old
Jobs Reported
495
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$3,452,100
Rent
$242,100
Health Care
$484,600

Lender Information

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

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