The Bancroft Chophouse LLC
$756,000 PPP Loan in Burlington, Massachusetts
Loan Details
- Loan Number
- 2090877402
- Date Approved
- May 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $756,000
- Current Approval
- $756,000
- Forgiveness Amount
- $762,027
- Forgiveness Date
- Mar 1, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Bancroft Chophouse LLC
- Address
- 15 3rd Ave
- City
- Burlington
- State
- Massachusetts
- ZIP Code
- 01803-4407
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 51
- Estimated Revenue
- $9.1M
- Rural/Urban
- Urban
- Congressional District
- MA-06
Loan Use Breakdown
- Payroll
- $574,600
- Rent
- $105,800
- Utilities
- $37,800
- Health Care
- $37,800
Lender Information
- Servicing Lender
- Enterprise Bank and Trust Company
- Originating Lender
- Enterprise Bank and Trust Company
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