PPP Loan information for Wells farms inc

$56,025

Wells farms inc was initially approved for PPP Loan of amount $56,025, the current approved amount is $56,025. The loan was approved on 03/23/2021 by The Mid-Atlantic Farm Credit, ACA reported 6 jobs and $56,025 was used to fund payroll.

Wells farms inc is Existing or more than 2 years old

WELLS FARMS INC

Date Approved

03/23/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

WELLS FARMS INC

Borrower Address

7481 Wells Rd

Borrower City

Milford

Borrower State

DE

Borrower Zip

19963-4728

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56025.00

Current Approval Amount

56025.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

323403

Servicing Lender Name

Mid-Atlantic Farm Credit, ACA

Servicing Lender Address

45 Aileron Court P.O. Box 770

Servicing Lender City

WESTMINSTER

Servicing Lender State

MD

Servicing Lender Zip

21158

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Milford

Project County Name

SUSSEX

Project State

DE

Project Zip

19963-4728

CD

DE-

Jobs Reported

6

NAICS Code

111150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

56024.00

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

323403

Originating Lender

Mid-Atlantic Farm Credit, ACA

Originating Lender City

WESTMINSTER

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56304.36

Forgiveness Date

09/28/2021

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