PPP Loan information for Wendelta, inc

$10,000,000

Wendelta, inc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/08/2020 by The First Horizon Bank reported 500 jobs and $10,000,000 was used to fund payroll.

Wendelta, inc is Existing or more than 2 years old

WENDELTA, INC

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WENDELTA, INC

Borrower Address

119 S Main St Suite 800

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38103-2576

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38103-2576

CD

TN-09

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1409000.00

Payroll Proceed

8591000.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10113888.89

Forgiveness Date

06/11/2021

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