# PPP loan: THE BANCROFT CHOPHOUSE LLC
> **$756K** approved 05/05/2020 · Paid in Full · Loan `2090877402`
## Borrower
- **Name:** THE BANCROFT CHOPHOUSE LLC
- **Address:** 15 3RD AVE, BURLINGTON, MA, 01803-4407
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $756K
- **Initial approval:** $756K
- **Forgiven:** $762K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $575K
- **Rent:** $106K
- **Utilities:** $38K
- **Health care:** $38K
- **Jobs reported:** 51
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*