PPP Loan information for Wellesley asset management, inc

$732,900

Wellesley asset management, inc was initially approved for PPP Loan of amount $732,900, the current approved amount is $732,900. The loan was approved on 04/14/2020 by The JPMorgan Chase Bank, National Association reported 38 jobs and $732,900 was used to fund payroll.

Wellesley asset management, inc is Existing or more than 2 years old

WELLESLEY ASSET MANAGEMENT, INC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WELLESLEY ASSET MANAGEMENT, INC

Borrower Address

20 William St Ste 310

Borrower City

Wellesley

Borrower State

MA

Borrower Zip

02481-4145

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

732900.00

Current Approval Amount

732900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellesley

Project County Name

NORFOLK

Project State

MA

Project Zip

02481-4145

CD

MA-04

Jobs Reported

38

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

732900.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

737538.35

Forgiveness Date

12/10/2020

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