PPP Loan information for Wesley college inc.

$2,000,000

Wesley college inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/01/2021 by The Loan Source Incorporated reported 288 jobs and $2,000,000 was used to fund payroll.

Wesley college inc. is Existing or more than 2 years old

WESLEY COLLEGE INC.

Date Approved

02/01/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

WESLEY COLLEGE INC.

Borrower Address

120 N State St

Borrower City

Dover

Borrower State

DE

Borrower Zip

19901-3835

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dover

Project County Name

KENT

Project State

DE

Project Zip

19901-3835

CD

DE-

Jobs Reported

288

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Non-Profit Organization

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2024876.71

Forgiveness Date

05/05/2022

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