# PPP loan: LOWER MERRIMAC VALLEY PHYSICIAN HOSPITAL ORGANIZATION, INC.
> **$151K** approved 04/27/2020 · Paid in Full · Loan `5003537205`
## Borrower
- **Name:** LOWER MERRIMAC VALLEY PHYSICIAN HOSPITAL ORGANIZATION, INC.
- **Address:** 255 LOW ST Suite 301, NEWBURYPORT, MA, 01950-3596
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Jobs reported:** 8
## Lender
- **Originating:** Newburyport Five Cents Savings Bank
- **Servicing:** Newburyport Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*