Bancroft Ns LLC

$544,700 PPP Loan in Peabody, Massachusetts

Loan Details

Loan Number
2053567404
Date Approved
May 5, 2020
Loan Status
Paid in Full
Initial Approval
$544,700
Current Approval
$544,700
Forgiveness Amount
$442,359
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bancroft Ns LLC
Address
210 Andover St Suite F100b
ZIP Code
01960-1647
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$6.6M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$414,000
Rent
$76,200
Utilities
$21,800
Health Care
$10,900
Debt Interest
$21,800

Lender Information

Servicing Lender
Enterprise Bank and Trust Company
Originating Lender
Enterprise Bank and Trust Company

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