PPP Loan information for Wellington retreat, inc.

$687,150

Wellington retreat, inc. was initially approved for PPP Loan of amount $687,150, the current approved amount is $687,150. The loan was approved on 04/13/2020 by The Valley National Bank reported 84 jobs and $687,150 was used to fund payroll.

Wellington retreat, inc. is Existing or more than 2 years old

WELLINGTON RETREAT, INC.

Date Approved

04/13/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

WELLINGTON RETREAT, INC.

Borrower Address

7051 Seacrest Blvd

Borrower City

LAKE WORTH

Borrower State

FL

Borrower Zip

33462-5139

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

687150.00

Current Approval Amount

687150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKE WORTH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33462-5139

CD

FL-22

Jobs Reported

84

NAICS Code

713990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

687150.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

693887.89

Forgiveness Date

04/12/2021

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