PPP Loan information for Wells foods, inc.

$120,000

Wells foods, inc. was initially approved for PPP Loan of amount $120,000, the current approved amount is $120,000. The loan was approved on 04/06/2020 by The Pioneer Bank reported 42 jobs and $120,000 was used to fund payroll.

Wells foods, inc. is Existing or more than 2 years old

PPP Loan Search / MN / WELLS / Wells foods, inc.

WELLS FOODS, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WELLS FOODS, INC.

Borrower Address

190 3RD ST NE

Borrower City

WELLS

Borrower State

MN

Borrower Zip

56097-1021

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120000.00

Current Approval Amount

120000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38355

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

301 Main St NE

Servicing Lender City

MAPLETON

Servicing Lender State

MN

Servicing Lender Zip

56065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELLS

Project County Name

FARIBAULT

Project State

MN

Project Zip

56097-1021

CD

MN-01

Jobs Reported

42

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120000.00

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

38355

Originating Lender

Pioneer Bank

Originating Lender City

MAPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

120696.67

Forgiveness Date

11/12/2020

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