PPP Loan information for Wellen construction co. inc

$558,645

Wellen construction co. inc was initially approved for PPP Loan of amount $558,645, the current approved amount is $558,645. The loan was approved on 01/16/2021 by The St. Mary's CU reported 29 jobs and $558,645 was used to fund payroll.

Wellen construction co. inc is Existing or more than 2 years old

WELLEN CONSTRUCTION CO. INC

Date Approved

01/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WELLEN CONSTRUCTION CO. INC

Borrower Address

488 Boston Post Rd E

Borrower City

Marlborough

Borrower State

MA

Borrower Zip

01752-3608

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

558645.00

Current Approval Amount

558645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98539

Servicing Lender Name

St. Mary's CU

Servicing Lender Address

46 Lizotte Dr

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-3061

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marlborough

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-3608

CD

MA-03

Jobs Reported

29

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

558641.00

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

98539

Originating Lender

St. Mary's CU

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

561614.24

Forgiveness Date

08/04/2021

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