# PPP loan: MERRIMACK VALLEY INSULATION CORP
> **$166K** approved 04/28/2020 · Paid in Full · Loan `7333907200`
## Borrower
- **Name:** MERRIMACK VALLEY INSULATION CORP
- **Address:** 23 A SULLIVAN RD, NORTH BILLERICA, MA, 01862-2003
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Health care:** $16K
- **Jobs reported:** 5
## 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*