# PPP loan: ELDER SERVICES OF THE MERRIMACK VALLEY, INC.
> **$4.18M** approved 04/06/2020 · Paid in Full · Loan `5867327002`
## Borrower
- **Name:** ELDER SERVICES OF THE MERRIMACK VALLEY, INC.
- **Address:** 280 MERRIMACK ST Suite 400, LAWRENCE, MA, 01843-1716
- **NAICS:** 624120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.18M
- **Initial approval:** $4.18M
- **Forgiven:** $4.23M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.45M
- **Rent:** $242K
- **Health care:** $485K
- **Jobs reported:** 495
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*