PPP Loan information for The bancroft hotel inc

$103,400

The bancroft hotel inc was initially approved for PPP Loan of amount $103,400, the current approved amount is $103,400. The loan was approved on 02/11/2021 by The City National Bank reported 13 jobs and $103,400 was used to fund payroll.

The bancroft hotel inc is Existing or more than 2 years old

PPP Loan Search / CA / Berkeley / The bancroft hotel inc

THE BANCROFT HOTEL INC

Date Approved

02/11/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

THE BANCROFT HOTEL INC

Borrower Address

2680 Bancroft Way

Borrower City

Berkeley

Borrower State

CA

Borrower Zip

94704-1717

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103400.00

Current Approval Amount

103400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

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

94704-1717

CD

CA-12

Jobs Reported

13

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

103395.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35766.81

Forgiveness Date

05/03/2022

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