PPP Loan information for Bancroft technology group inc

$478,800

Bancroft technology group inc was initially approved for PPP Loan of amount $478,800, the current approved amount is $478,800. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 24 jobs and $478,800 was used to fund payroll.

Bancroft technology group inc is Existing or more than 2 years old

PPP Loan Search / MD / CLARKSVILLE / Bancroft technology group inc

BANCROFT TECHNOLOGY GROUP INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BANCROFT TECHNOLOGY GROUP INC

Borrower Address

6030 Daybreak Circle STEA150-116

Borrower City

CLARKSVILLE

Borrower State

MD

Borrower Zip

21029

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

478800.00

Current Approval Amount

478800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSVILLE

Project County Name

HOWARD

Project State

MD

Project Zip

21029-0001

CD

MD-03

Jobs Reported

24

NAICS Code

611430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

394190.00

Mortgage Interest Proceed

0.00

Rent Proceed

10068.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

24542

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

485516.32

Forgiveness Date

09/15/2021

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