PPP Loan information for Wellman healthcare group, inc

$422,259

Wellman healthcare group, inc was initially approved for PPP Loan of amount $422,259, the current approved amount is $422,259. The loan was approved on 04/10/2020 by The Freedom CU reported 46 jobs and $422,259 was used to fund payroll.

Wellman healthcare group, inc is Existing or more than 2 years old

WELLMAN HEALTHCARE GROUP, INC

Date Approved

04/10/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

WELLMAN HEALTHCARE GROUP, INC

Borrower Address

250 SHEARER ST

Borrower City

PALMER

Borrower State

MA

Borrower Zip

01069-1417

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

422259.00

Current Approval Amount

422259.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98617

Servicing Lender Name

Freedom CU

Servicing Lender Address

1976 Main St

Servicing Lender City

SPRINGFIELD

Servicing Lender State

MA

Servicing Lender Zip

01103-1010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALMER

Project County Name

HAMPDEN

Project State

MA

Project Zip

01069-1417

CD

MA-01

Jobs Reported

46

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

422259.00

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

98617

Originating Lender

Freedom CU

Originating Lender City

SPRINGFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

424561.18

Forgiveness Date

11/03/2020

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