PPP Loan information for The bancroft chophouse llc

$756,000

The bancroft chophouse llc was initially approved for PPP Loan of amount $756,000, the current approved amount is $756,000. The loan was approved on 05/05/2020 by The Enterprise Bank and Trust Company reported 51 jobs and $756,000 was used to fund payroll.

The bancroft chophouse llc is Existing or more than 2 years old

THE BANCROFT CHOPHOUSE LLC

Date Approved

05/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE BANCROFT CHOPHOUSE LLC

Borrower Address

15 3RD AVE

Borrower City

BURLINGTON

Borrower State

MA

Borrower Zip

01803-4407

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

756000.00

Current Approval Amount

756000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-4407

CD

MA-06

Jobs Reported

51

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

37800.00

Payroll Proceed

574600.00

Mortgage Interest Proceed

0.00

Rent Proceed

105800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

37800.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

762027.00

Forgiveness Date

03/01/2021

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