PPP Loan information for Bancroft bag, inc.

$3,341,800

Bancroft bag, inc. was initially approved for PPP Loan of amount $3,341,800, the current approved amount is $3,341,800. The loan was approved on 04/08/2020 by The Regions Bank reported 316 jobs and $3,341,800 was used to fund payroll.

Bancroft bag, inc. is Existing or more than 2 years old

BANCROFT BAG, INC.

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BANCROFT BAG, INC.

Borrower Address

425 Bancroft Blvd

Borrower City

WEST MONROE

Borrower State

LA

Borrower Zip

71292-5703

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3341800.00

Current Approval Amount

3341800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST MONROE

Project County Name

OUACHITA

Project State

LA

Project Zip

71292-5703

CD

LA-05

Jobs Reported

316

NAICS Code

322220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3341800.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3379521.14

Forgiveness Date

06/11/2021

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