PPP Loan information for Backroads

$2,000,000

Backroads was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/25/2021 by The Wells Fargo Bank, National Association reported 252 jobs and $2,000,000 was used to fund payroll.

Backroads is Existing or more than 2 years old

PPP Loan Search / CA / Berkeley / Backroads

BACKROADS

Date Approved

03/25/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

BACKROADS

Borrower Address

801 Cedar St

Borrower City

Berkeley

Borrower State

CA

Borrower Zip

94710-1821

Loan Status Date

02/16/2022

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

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

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

94710-1821

CD

CA-12

Jobs Reported

252

NAICS Code

561520

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2014246.58

Forgiveness Date

01/06/2022

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