Merrimack Valley Systems, Inc.
$872,500 PPP Loan in Methuen, Massachusetts
Loan Details
- Loan Number
- 6299227100
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $872,500
- Current Approval
- $872,500
- Forgiveness Amount
- $884,594
- Forgiveness Date
- Sep 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Merrimack Valley Systems, Inc.
- Address
- 15 Aegean Dr, Unit 3
- City
- Methuen
- State
- Massachusetts
- ZIP Code
- 01844-1558
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Construction (238220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 93
- Estimated Revenue
- $29.4M
- Rural/Urban
- Urban
- Congressional District
- MA-03
Loan Use Breakdown
- Payroll
- $762,800
- Rent
- $36,000
- Utilities
- $18,800
- Health Care
- $54,900
Lender Information
- Servicing Lender
- Enterprise Bank and Trust Company
- Originating Lender
- Enterprise Bank and Trust Company
Other PPP Loans in Methuen, MA
| Business | Approved | |
|---|---|---|
| Comfort Home Care, LLC | $3,342,000 | |
| Henry C. Nevins Home, Inc. | $1,807,900 | |
| Cafua Management Company LLC | $1,632,500 | |
| Alternative Home Health Care, LLC | $1,595,100 | |
| Gooby Industries | $1,498,700 |
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