PPP Loan information for The wellspring group inc

$260,800

The wellspring group inc was initially approved for PPP Loan of amount $260,800, the current approved amount is $260,800. The loan was approved on 02/01/2021 by The Citizens Bank, National Association reported 12 jobs and $260,800 was used to fund payroll.

The wellspring group inc is Existing or more than 2 years old

THE WELLSPRING GROUP INC

Date Approved

02/01/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

THE WELLSPRING GROUP INC

Borrower Address

4 Research Dr Ste 402

Borrower City

Shelton

Borrower State

CT

Borrower Zip

06484-6242

Loan Status Date

02/11/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

260800.00

Current Approval Amount

260800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shelton

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06484-6242

CD

CT-03

Jobs Reported

12

NAICS Code

519190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260800.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

265787.35

Forgiveness Date

01/11/2023

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