PPP Loan information for Wellspace health

$7,927,700

Wellspace health was initially approved for PPP Loan of amount $7,927,700, the current approved amount is $7,927,700. The loan was approved on 04/11/2020 by The First-Citizens Bank & Trust Company reported 500 jobs and $7,927,700 was used to fund payroll.

Wellspace health is New Business or 2 years or less

WELLSPACE HEALTH

Date Approved

04/11/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

WELLSPACE HEALTH

Borrower Address

777 12th St Suite 250

Borrower City

SACRAMENTO

Borrower State

CA

Borrower Zip

95814-1908

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7927700.00

Current Approval Amount

7927700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SACRAMENTO

Project County Name

SACRAMENTO

Project State

CA

Project Zip

95814-1908

CD

CA-07

Jobs Reported

500

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7927700.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

8038687.80

Forgiveness Date

09/14/2021

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