PPP Loan information for Wells heating & cooling, inc.

$120,150

Wells heating & cooling, inc. was initially approved for PPP Loan of amount $120,150, the current approved amount is $120,150. The loan was approved on 04/09/2020 by The Horizon Bank reported 8 jobs and $120,150 was used to fund payroll.

Wells heating & cooling, inc. is Existing or more than 2 years old

WELLS HEATING & COOLING, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

WELLS HEATING & COOLING, INC.

Borrower Address

4334 Fahlsing Road

Borrower City

WOODBURN

Borrower State

IN

Borrower Zip

46797-9449

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120150.00

Current Approval Amount

120150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOODBURN

Project County Name

ALLEN

Project State

IN

Project Zip

46797-9449

CD

IN-03

Jobs Reported

8

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6007.50

Payroll Proceed

96120.00

Mortgage Interest Proceed

6007.50

Rent Proceed

6007.50

Refinance EIDL Proceed

0.00

Health Care Proceed

6007.50

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

121499.63

Forgiveness Date

06/16/2021

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