PPP Loan information for The wells group, llc

$1,784,468

The wells group, llc was initially approved for PPP Loan of amount $1,784,468, the current approved amount is $1,784,468. The loan was approved on 04/09/2020 by The Commercial Bank reported 216 jobs and $1,784,468 was used to fund payroll.

The wells group, llc is Existing or more than 2 years old

THE WELLS GROUP, LLC

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

THE WELLS GROUP, LLC

Borrower Address

611 WEST MAIN ST

Borrower City

WEST LIBERTY

Borrower State

KY

Borrower Zip

41472-2005

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1784467.50

Current Approval Amount

1784467.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27972

Servicing Lender Name

Commercial Bank

Servicing Lender Address

550 Main St

Servicing Lender City

WEST LIBERTY

Servicing Lender State

KY

Servicing Lender Zip

41472-1016

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST LIBERTY

Project County Name

MORGAN

Project State

KY

Project Zip

41472-2005

CD

KY-05

Jobs Reported

216

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1784467.50

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

27972

Originating Lender

Commercial Bank

Originating Lender City

WEST LIBERTY

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1794381.21

Forgiveness Date

11/03/2020

;