PPP Loan information for Wells real estate funds, inc

$238,500

Wells real estate funds, inc was initially approved for PPP Loan of amount $238,500, the current approved amount is $238,500. The loan was approved on 04/04/2020 by The Georgia's Own Credit Union reported 9 jobs and $238,500 was used to fund payroll.

Wells real estate funds, inc is Existing or more than 2 years old

WELLS REAL ESTATE FUNDS, INC

Date Approved

04/04/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

WELLS REAL ESTATE FUNDS, INC

Borrower Address

5445 TRIANGLE PKWY Suite 320

Borrower City

PEACHTREE CORNERS

Borrower State

GA

Borrower Zip

30092-2509

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

238500.00

Current Approval Amount

238500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95003

Servicing Lender Name

Georgia's Own Credit Union

Servicing Lender Address

100 Peachtree St, Ste 2800

Servicing Lender City

Atlanta

Servicing Lender State

GA

Servicing Lender Zip

30303-1166

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEACHTREE CORNERS

Project County Name

GWINNETT

Project State

GA

Project Zip

30092-2509

CD

GA-07

Jobs Reported

9

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29812.50

Payroll Proceed

178875.00

Mortgage Interest Proceed

0.00

Rent Proceed

29812.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

448440

Originating Lender

Vinings Bank

Originating Lender City

SMYRNA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

241295.75

Forgiveness Date

06/11/2021

;