PPP Loan information for Wells & associates, inc

$418,500

Wells & associates, inc was initially approved for PPP Loan of amount $418,500, the current approved amount is $418,500. The loan was approved on 04/28/2020 by The Orrstown Bank reported 42 jobs and $418,500 was used to fund payroll.

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

WELLS & ASSOCIATES, INC

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

WELLS & ASSOCIATES, INC

Borrower Address

2127 Espey Ct. #210

Borrower City

CROFTON

Borrower State

MD

Borrower Zip

21114-2490

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

418500.00

Current Approval Amount

418500.00

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

42

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

418500.00

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

422054.38

Forgiveness Date

03/11/2021

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