PPP Loan information for Wellen construction co. inc

$580,500

Wellen construction co. inc was initially approved for PPP Loan of amount $580,500, the current approved amount is $580,500. The loan was approved on 04/03/2020 by The St. Mary's CU reported 29 jobs and $580,500 was used to fund payroll.

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

PPP Loan Search / MA / MARLBOROUGH / Wellen construction co. inc

WELLEN CONSTRUCTION CO. INC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WELLEN CONSTRUCTION CO. INC

Borrower Address

488 BOSTON POST RD

Borrower City

MARLBOROUGH

Borrower State

MA

Borrower Zip

01752-3604

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

580500.00

Current Approval Amount

580500.00

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

01752-3604

CD

MA-03

Jobs Reported

29

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

464500.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

56000.00

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

583680.82

Forgiveness Date

11/03/2020

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