PPP Loan information for Wells & associates inc

$418,530

Wells & associates inc was initially approved for PPP Loan of amount $418,530, the current approved amount is $418,530. The loan was approved on 01/26/2021 by The Orrstown Bank reported 47 jobs and $418,530 was used to fund payroll.

Wells & associates inc is Existing or more than 2 years old

WELLS & ASSOCIATES INC

Date Approved

01/26/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

WELLS & ASSOCIATES INC

Borrower Address

2127 Espey Ct Ste 210

Borrower City

Crofton

Borrower State

MD

Borrower Zip

21114-2490

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

418530.00

Current Approval Amount

418530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61196

Servicing Lender Name

Orrstown Bank

Servicing Lender Address

77 E King St

Servicing Lender City

SHIPPENSBURG

Servicing Lender State

PA

Servicing Lender Zip

17257-1307

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crofton

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21114-2490

CD

MD-05

Jobs Reported

47

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

418525.00

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

61196

Originating Lender

Orrstown Bank

Originating Lender City

SHIPPENSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

422749.70

Forgiveness Date

02/01/2022

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