Merrimack Valley Corporation

$311,400 PPP Loan in Methuen, Massachusetts

Loan Details

Loan Number
6195727103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$311,400
Current Approval
$311,400
Forgiveness Amount
$315,656
Forgiveness Date
Aug 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merrimack Valley Corporation
Address
15 Aegean Dr Unit 3
ZIP Code
01844-1558
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$282,300
Rent
$1,100
Utilities
$10,300
Health Care
$17,700

Lender Information

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

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