PPP Loan information for Backroads

$5,266,694

Backroads was initially approved for PPP Loan of amount $5,266,694, the current approved amount is $5,266,694. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 478 jobs and $5,266,694 was used to fund payroll.

Backroads is Existing or more than 2 years old

BACKROADS

Date Approved

05/01/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

BACKROADS

Borrower Address

801 CEDAR STREET

Borrower City

BERKELEY

Borrower State

CA

Borrower Zip

94710

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5266694.00

Current Approval Amount

5266694.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERKELEY

Project County Name

ALAMEDA

Project State

CA

Project Zip

94710-1002

CD

CA-12

Jobs Reported

478

NAICS Code

561520

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5266694.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5334367.41

Forgiveness Date

08/20/2021

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