PPP Loan information for Welly's restaurant, inc

$346,584

Welly's restaurant, inc was initially approved for PPP Loan of amount $346,584, the current approved amount is $346,584. The loan was approved on 02/19/2021 by The Avidia Bank reported 32 jobs and $346,584 was used to fund payroll.

Welly's restaurant, inc is Existing or more than 2 years old

WELLY'S RESTAURANT, INC

Date Approved

02/19/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WELLY'S RESTAURANT, INC

Borrower Address

153 Main St

Borrower City

Marlborough

Borrower State

MA

Borrower Zip

01752-3858

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

346584.00

Current Approval Amount

346584.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marlborough

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-3858

CD

MA-03

Jobs Reported

32

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

346583.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

349751.39

Forgiveness Date

01/19/2022

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