PPP Loan information for The wellesley local, llc

$370,000

The wellesley local, llc was initially approved for PPP Loan of amount $370,050, the current approved amount is $370,000. The loan was approved on 04/14/2020 by The Needham Bank reported 42 jobs and $370,000 was used to fund payroll.

The wellesley local, llc is Existing or more than 2 years old

PPP Loan Search / MA / WELLESLEY HILLS / The wellesley local, llc

THE WELLESLEY LOCAL, LLC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE WELLESLEY LOCAL, LLC

Borrower Address

11 FOREST ST

Borrower City

WELLESLEY HILLS

Borrower State

MA

Borrower Zip

02481-6831

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

370050.00

Current Approval Amount

370000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELLESLEY HILLS

Project County Name

NORFOLK

Project State

MA

Project Zip

02481-6831

CD

MA-05

Jobs Reported

42

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

370000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

374768.89

Forgiveness Date

08/23/2021

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