PPP Loan information for Welle homes, inc

$11,200

Welle homes, inc was initially approved for PPP Loan of amount $11,200, the current approved amount is $11,200. The loan was approved on 04/08/2020 by The Magnifi Financial CU reported 1 jobs and $11,200 was used to fund payroll.

Welle homes, inc is Existing or more than 2 years old

WELLE HOMES, INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WELLE HOMES, INC

Borrower Address

27614 ROSEVILLE RD NE

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362-9207

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11200.00

Current Approval Amount

11200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAYNESVILLE

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56362-9207

CD

MN-07

Jobs Reported

1

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11200.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

11328.88

Forgiveness Date

06/08/2021

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