# PPP loan: MERRIMACK REPERTORY THEATRE INC
> **$280K** approved 01/25/2021 · Paid in Full · Loan `5115458304`
## Borrower
- **Name:** MERRIMACK REPERTORY THEATRE INC
- **Address:** 132 Warren St, Lowell, MA, 01852-2208
- **NAICS:** 711110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $281K (100%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** The Lowell Five Cent Savings Bank
- **Servicing:** The Lowell Five Cent Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*