PPP Loan Map

PPP borrower record

MERRIMAC MOTORS, INCORPORATED PPP loan record

Public SBA PPP loan record for MERRIMAC MOTORS, INCORPORATED. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

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$740,000
Approved amount
$745,365
Forgiven amount
2020-04-08
Date approved

Borrower and loan details

Borrower
MERRIMAC MOTORS, INCORPORATED
Loan number
8617267009
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Newport News
Borrower state
Virginia
Borrower ZIP
23602
Jobs reported
144
Loan status
Paid in Full
Forgiveness date
2021-01-08
Servicing lender
The Old Point National Bank of Phoebus
Originating lender
The Old Point National Bank of Phoebus

Reported use of proceeds

Payroll
$652,300
Rent
$67,000
Utilities
$20,700
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

PPP loans in VirginiaPPP loans in ZIP 23602

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PPP loans in ZIP 23602
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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.