PPP Loan information for Wellspring house, inc.

$294,900

Wellspring house, inc. was initially approved for PPP Loan of amount $294,900, the current approved amount is $294,900. The loan was approved on 04/06/2020 by The Institution for Savings In Newburyport and its Vicinity reported 69 jobs and $294,900 was used to fund payroll.

Wellspring house, inc. is Existing or more than 2 years old

WELLSPRING HOUSE, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WELLSPRING HOUSE, INC.

Borrower Address

302 Essex Avenue

Borrower City

GLOUCESTER

Borrower State

MA

Borrower Zip

01930-2351

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

294900.00

Current Approval Amount

294900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33175

Servicing Lender Name

Institution for Savings In Newburyport and its Vicinity

Servicing Lender Address

93 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6618

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLOUCESTER

Project County Name

ESSEX

Project State

MA

Project Zip

01930-2351

CD

MA-06

Jobs Reported

69

NAICS Code

624229

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36862.00

Payroll Proceed

221175.00

Mortgage Interest Proceed

36863.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

33175

Originating Lender

Institution for Savings In Newburyport and its Vicinity

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

297453.11

Forgiveness Date

02/25/2021

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