PPP Loan information for Wellspring

$132,750

Wellspring was initially approved for PPP Loan of amount $132,750, the current approved amount is $132,750. The loan was approved on 04/09/2020 by The The Park National Bank reported 16 jobs and $132,750 was used to fund payroll.

Wellspring is Existing or more than 2 years old

WELLSPRING

Date Approved

04/09/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

WELLSPRING

Borrower Address

701 E COLUMBIA ST

Borrower City

SPRINGFIELD

Borrower State

OH

Borrower Zip

45503-4404

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132750.00

Current Approval Amount

132750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

CLARK

Project State

OH

Project Zip

45503-4404

CD

OH-10

Jobs Reported

16

NAICS Code

813212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2750.00

Payroll Proceed

113500.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11500.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

133946.57

Forgiveness Date

03/18/2021

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