PPP Loan information for Well dot, inc.

$865,000

Well dot, inc. was initially approved for PPP Loan of amount $865,000, the current approved amount is $865,000. The loan was approved on 04/07/2020 by The Newtek Small Business Finance, Inc. reported 69 jobs and $865,000 was used to fund payroll.

Well dot, inc. is New Business or 2 years or less

WELL DOT, INC.

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WELL DOT, INC.

Borrower Address

419 W Franklin St

Borrower City

CHAPEL HILL

Borrower State

NC

Borrower Zip

27516-2314

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

865000.00

Current Approval Amount

865000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHAPEL HILL

Project County Name

ORANGE

Project State

NC

Project Zip

27516-2314

CD

NC-04

Jobs Reported

69

NAICS Code

621399

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

865000.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

877950.97

Forgiveness Date

10/14/2021

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