PPP Loan information for Wellan associates inc.

$153,472

Wellan associates inc. was initially approved for PPP Loan of amount $153,472, the current approved amount is $153,472. The loan was approved on 03/09/2021 by The Bank of America, National Association reported 14 jobs and $153,472 was used to fund payroll.

Wellan associates inc. is Existing or more than 2 years old

WELLAN ASSOCIATES INC.

Date Approved

03/09/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WELLAN ASSOCIATES INC.

Borrower Address

89 Access Rd Ste 3

Borrower City

Norwood

Borrower State

MA

Borrower Zip

02062-5234

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

153472.00

Current Approval Amount

153472.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norwood

Project County Name

NORFOLK

Project State

MA

Project Zip

02062-5234

CD

MA-08

Jobs Reported

14

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

153468.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

154565.23

Forgiveness Date

11/26/2021

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