MERRIMAC MOTORS, INCORPORATED

Summary of PPP (Paycheck Protection Program) Loan approved to MERRIMAC MOTORS, INCORPORATED by The Old Point National Bank of Phoebus. The loan was approved on 4/08/2020 in the range of $350,000-1 million.

Business Information

Name:

MERRIMAC MOTORS, INCORPORATED

12629 JEFFERSON AVE
NEWPORT NEWS, VA 23602
Business type: Corporation
Motor Vehicle and Parts Dealers
→ New Car Dealers
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 08, 2020
Lender The Old Point National Bank of Phoebus

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.