PPP Loan information for Bancroft construction company

$2,000,000

Bancroft construction company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/18/2021 by The Loan Source Incorporated reported 119 jobs and $2,000,000 was used to fund payroll.

Bancroft construction company is Existing or more than 2 years old

PPP Loan Search / DE / Wilmington / Bancroft construction company

BANCROFT CONSTRUCTION COMPANY

Date Approved

02/18/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

BANCROFT CONSTRUCTION COMPANY

Borrower Address

1300 N Grant Ave Ste 101

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19806-2456

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19806-2456

CD

DE-

Jobs Reported

119

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2019671.23

Forgiveness Date

02/18/2022

;